Guinness Nigeria Posts 48% Profit Jump to ₦10.39bn, Declares ₦2 Interim Dividend

Guinness Nigeria Plc posted a 48% rise in Profit After Tax to ₦10.39bn in Q1 2026, up from ₦7.03bn a year earlier. Earnings per share climbed to ₦4.74 from ₦3.21. Revenue grew by 4% to ₦122.77bn and operating profit reached ₦17.18bn. Net finance costs dropped sharply to ₦1.43bn from ₦7.72bn in the same period of 2025, boosting overall earnings. The board approved an interim dividend of ₦2.00 per share, totalling ₦4.38bn, with 20 April 2026 as the qualification date. Payments will follow the Companies and Allied Matters Act 2020. Executives said the dividend underscores disciplined capital management, operational efficiency and confidence in sustained, long-term growth.

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