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Guinness Nigeria Plc 2024FY earnings hit by headwinds; Gross margin dips...

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...Overall, pre-tax loss in 2024FY increased to NGN73.66 billion (vs 2023FY: NGN22.13 billion). ...After adjusting for a tax credit of NGN18.91 billion, the net loss...

Guinness Nigeria Plc Q2-24 strong topline growth, gross profit margin undermined...

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...The brewer reported a pretax loss of N8.25 billion compared to a PBT of N3.19 billion in Q2-23. ...EBITDA margin contracted by 44bps y/y to...

Guinness Nigeria Plc names transformative business leader, Adebayo Alli as CEO

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WED, NOV 29 2023-theGBJournal| The Board of Guinness Nigeria Plc has appointed Mr Adebayo Alli, a commercially astute and transformative business leader, as Managing...

Guinness Nigeria Plc reports revenue growth of 12.7% y/y in Q1-24...

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...Overall, GUINNESS recorded an adj. profit before tax of N2.46 billion in Q1-24 (vs PBT of N4.04 billion in Q1-23). ...The volatility of the naira...

Guinness Nigeria Plc 2023FY revenue up 10.9% y/y to N229.44 billion

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SAT, JULY 29 2023-theGBJournal |Guinness Nigeria Plc reported revenue growth of 10.9% y/y in 2023FY (2022FY: +28.9% y/y), but higher net finance cost weighed...

GUINNESS Nigeria Plc Q3-23 earnings hit by elevated cost pressures

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FRI, APRIL. 28 2023-theGBJournal|GUINNESS Nigeria Plc Thursday reported revenue growth of 7.4% y/y in Q3-23 (9M-23: +8.2% y/y), supported by price and mix optimization...

Guinness Nigeria Plc Q1-23 earnings pressured higher OPEX and net finance...

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THUR, 27 OCT, 2022-theGBJournal| Guinness Nigeria Plc (GUINNESS) published its unaudited Q1-23 results Wednesday, reporting a 32.0% y/y decline in EPS to N1.25 (Q1-22:...

Guinness Nigeria Plc earnings bolstered by strong topline and lower net...

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SAT, 30 JULY, 2022-theGBJournal| Guinness Nigeria Plc delivered a Q4-22 standalone EPS of NGN0.17 (vs Loss per Share of NGN0.27 in Q4-21). For 2022FY,...

Analysis| Guinness Nigeria Plc, a firmer rebound in earnings

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MON 21 FEB, 2022-theGBJournal- Guinness Nigeria Plc (GUINNESS) Q2-22 results surprised positively, signalling a firmer rebound in earnings. In Q2-22, revenue grew by 45.7%...