How We Posted ₦6.7b Profit In Q3 FY25 – Guinness

Guinness Nigeria PLC has announced its unaudited financial results for the nine months ended 31 March 2025, delivering a strong performance that reflects the company’s strategic discipline, commercial agility and commitment to long-term value creation.

The business recorded a profit after tax of ₦6.7 billion – marking a significant recovery from the ₦61.6 billion loss posted in the prior year.

Revenue for the period surged by 71.6 per cent, rising from ₦220.3 billion to ₦377.9 billion, driven by pricing actions, improved portfolio mix and strengthened consumer demand across key categories. Gross profit also grew by 53 per cent to ₦103.5 billion, supported by proactive supply chain management and continued premiumisation across key brands.

Operating profit increased by 32 per cent, moving from ₦22.2 billion to ₦29.2 billion, as the company reaped the benefits of cost optimiSation, productivity enhancements and efficient marketing investments. Despite a high inflationary environment and FX-related pressures, net finance costs were managed effectively, contributing to a ₦6.7 billion net profit.

Board Chair, Prof. Fabian Ajogwu, said: “This robust performance is a clear reflection of the strategic choices we have made to reposition Guinness Nigeria for long-term resilience and growth. It is a testament to strong leadership, unwavering execution, and the trust of our shareholders, customers and trade partners.”

Credit: thenationonlineng.net