Guinness Nigeria Announces Strong Q2 Results, Declares Additional ₦7 Interim Dividend Per Share

Guinness Nigeria Plc has announced yet another strong financial performance for the quarter ended June 30, 2026. Along with the announcement of the unaudited financial results, the company also declared an additional interim dividend of ₦7.00 per ordinary share for its shareholders.

The company reported revenue of ₦142.27 billion for the second quarter, representing a 20 percent increase from ₦118.66 billion recorded in the same period last year. Gross profit grew to ₦53.99 billion, while operating profit climbed to ₦24.34 billion, driven by disciplined execution and improved commercial performance.

The brewer’s financial position also strengthened significantly during the quarter. Net finance costs dropped sharply to ₦1.75 billion from ₦4.61 billion in the prior-year period. As a result, profit before tax rose to ₦22.59 billion, while profit after tax jumped 57 percent to ₦14.91 billion, compared with ₦9.48 billion recorded in Q2 2025. Earnings per share improved to ₦6.81, up from ₦4.33 in the corresponding period last year.

To reflect the company’s sustained profitability, the Board of Directors approved an additional interim dividend of ₦7.00 per ordinary share, representing a distribution of approximately ₦15.33 billion. This follows the ₦2.00 per share interim dividend paid after the first quarter, bringing the total interim dividend declared for shareholders so far to ₦9.00 per ordinary 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 Chief Executive Officer, also spoke on the company’s performance: “Our Q2 performance reveals 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 organisation with an entrepreneurial spirit, we remain focused on delivering sustainable growth and creating lasting value for all our stakeholders.”

Guinness Nigeria remains committed to driving sustainable growth, strengthening operational excellence, and creating lasting value for shareholders, customers, employees, and the communities it serves, the company concluded.