Guinness Nigeria Plc has reported approximately N265 billion in revenue for the first half of 2026, while profit after tax (PAT) increased by 53 per cent to N25.3 billion.
The company disclosed the figures during its H1’26 Investors and Analysts Call, where Managing Director/Chief Executive Officer, Girish Sharma, Finance and Strategy Director, Mayank Kabra, and Corporate Relations and Legal Director, Rotimi Odusola, discussed the company’s financial performance and business outlook.
The Guinness Nigeria revenue performance covered the six months ended June 30, 2026, and reflected the company’s continued focus on improving operational efficiency while pursuing quality growth. The company said its stronger profitability was accompanied by significant progress in strengthening its balance sheet. Shareholders’ equity increased from N43.3 billion to N64.2 billion during the period.
At the same time, net debt declined substantially from approximately N37 billion to about N19 billion. The reduction in debt represents a significant improvement in the company’s financial position as it seeks to strengthen its capacity for future investment.
The company said the results demonstrate progress in its efforts to improve profitability, strengthen its financial position and continue investing in its brands, manufacturing capabilities and route to market.
The improved balance sheet also forms part of Guinness Nigeria’s broader strategy as the company enters what it described as a new phase of growth. The company said it remains focused on building operational resilience while improving returns and creating sustainable value for shareholders and other stakeholders. Speaking during the investors’ call, Sharma said the progress reflected a deliberate strategy to build a stronger and more resilient business.
“We have made significant progress in strengthening our financial position while continuing to invest in the growth of the business. The days of operating with a weak balance sheet are behind us. Today, we are in a much stronger position to pursue growth, improve returns and create sustainable value for our shareholders and other stakeholders.”
The company’s H1 performance comes amid continued efforts to balance growth investments with financial discipline. The reduction in net debt, alongside the increase in shareholders’ equity, provides a stronger financial base for its planned investments.
For investors, the combination of higher Guinness Nigeria revenue, improved profit and reduced indebtedness points to a significant change in the company’s financial position compared with the previous period. Guinness Nigeria reaffirmed its confidence in the future of the business, with management maintaining its focus on brand investment, manufacturing capabilities, distribution and operational efficiency as it pursues sustainable growth.
