Guinness Nigeria Reports 20% Revenue Growth to ₦142.27 Billion in Q2 2026

Guinness Nigeria Plc has announced its unaudited financial results for the quarter ending June 30, 2026, reflecting another period of robust growth and operational excellence. The company declared an additional interim dividend of ₦7.00 per ordinary share, complementing the earlier ₦2.00 per share dividend paid this year. This brings the total interim dividend to ₦9.00 per share, highlighting the Board’s confidence in the company’s sustained earnings, healthy cash flow, and promising long-term outlook.

Building on a successful start to the year, Guinness Nigeria maintained positive momentum across its business segments. The company reported revenue of ₦142.27 billion, marking a 20% increase from ₦118.66 billion recorded in the same period last year. Gross profit rose to ₦53.99 billion, while operating profit grew to ₦24.34 billion—testament to disciplined execution, enhanced commercial strategies, and a relentless focus on operational excellence.

The company’s financial strength was further demonstrated by a significant reduction in net finance costs, which declined to ₦1.75 billion from ₦4.61 billion in the previous year. Profit before tax increased to ₦22.59 billion, and profit after tax surged by 57% to ₦14.91 billion—up from ₦9.48 billion in Q2 2025. Earnings per share improved to ₦6.81 from ₦4.33, underscoring the company’s profitability and resilience.

In line with its commitment to delivering value, the Board approved an additional interim dividend of ₦7.00 per share, representing a distribution of approximately ₦15.33 billion. This follows the initial ₦2.00 per share dividend paid after Q1, bringing the total declared for shareholders to ₦9.00 per share.

Commenting on the results, Prof. Fabian Ajogwu, SAN, Chairman of the Board, said:
“Our performance in the first half of the financial year demonstrates the resilience of our business and the effectiveness of our long-term strategy. The declaration of an additional interim dividend reinforces our confidence in Guinness Nigeria’s financial strength and our commitment to creating sustainable long-term value for shareholders.”

Girish Sharma, Managing Director and CEO, added:
“Our Q2 performance demonstrates that the momentum we’ve built is being sustained through disciplined execution and a relentless focus on our consumers and customers. We continue to strengthen our commercial capabilities, improve operational efficiency, and invest behind our portfolio, while maintaining a prudent approach to capital allocation. As we continue building a high-performance organization with an entrepreneurial spirit, we remain focused on delivering sustainable growth and creating lasting value for all our stakeholders.”

Guinness Nigeria remains dedicated to Building for More by driving sustainable growth, enhancing operational excellence, and creating enduring value for shareholders, customers, employees, and the communities it serves.