Guinness Nigeria Reports 57.3% Profit Increase in Q2 2026

Guinness Nigeria Plc announced its unaudited financial results for the second quarter (Q2) ended June 30, 2026, reporting a profit after tax of N14.91 billion, a 57.3% increase from N9.5 billion in Q2 2025. Profit before tax reached N22.59 billion, up 66.7% from N13.55 billion in the previous year.

The company declared an additional interim dividend of N7.00 per ordinary share, totaling approximately N15.33 billion, following a previous N2.00 per share dividend, bringing the total interim dividend to N9.00 per share. Revenue for Q2 2026 was N142.27 billion, a 20% increase from N118.66 billion in Q2 2025.

Gross profit grew to N53.99 billion, while operating profit increased to N24.34 billion. The company's net finance costs decreased significantly to N1.75 billion from N4.61 billion.

Chairman Prof. Fabian Ajogwu and Managing Director Girish Sharma commented on the results, emphasizing the company's resilience and commitment to sustainable growth.