Guinness Nigeria Reports 57.3% Profit Surge, Declares Additional Dividend

Guinness Nigeria Plc has announced a strong financial performance for the second quarter of 2026, with profit after tax soaring by 57.3% to N14.91 billion. This marks another quarter of robust results for the company, reflecting sustained profitability and effective business strategies.

“

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 company's revenue for Q2 2026 increased by 20% to N142.27 billion, up from N118.66 billion in the corresponding period of 2025. This growth was driven by disciplined execution, improved commercial performance, and a continued focus on operational excellence across its business segments. Gross profit rose to N53.99 billion, while operating profit climbed to N24.34 billion.

Reflecting its strong financial position and confidence in sustained earnings, the Board of Directors has approved an additional interim dividend of N7.00 per ordinary share. This brings the total interim dividend declared for shareholders to N9.00 per ordinary share for the period, following an earlier N2.00 per share interim dividend paid after the first quarter.

“

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.

Chairman of the Board, Prof. Fabian Ajogwu, commented on the results, stating, "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."

“

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.

Managing Director/Chief Executive Officer, Girish Sharma, added that the Q2 performance sustains the momentum built through disciplined execution and a focus on consumers and customers. He highlighted ongoing efforts to strengthen commercial capabilities, improve operational efficiency, and invest in the company's portfolio while maintaining prudent capital allocation.

“

We continue to strengthen our commercial capabilities, improve operational efficiency and invest behind our portfolio, while maintaining a prudent approach to capital allocation.