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Announced its half year unaudited financial results for the period ended 31 December 2024

WA
Community Contributor
Published
27 Jan 25
Updated
03 Feb 25
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WaneInvestmentHouse's Fair Value
₦82.00
2.4% undervalued intrinsic discount
03 Feb
₦80.00
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Author's Valuation

₦82.0

2.4% undervalued intrinsic discount

WaneInvestmentHouse's Fair Value

Guinness Nigeria Plc, has announced its unaudited financial results for the six months ended 31 December 2024, showcasing impressive resilience and strategic growth in a challenging macroeconomic environment. According to the report, the company recorded an 82.2 per cent revenue increase, growing from N142.60 billion in H1’24 to N259.60 billion in H1’25. This performance reflects the success of its revenue generation strategies and expanded geographic footprint.

31 - 01 -2025 Guinness Nigeria Plc announced its half year unaudited financial results for the period ended 31 December 2024 that showed increased turnover, reduction in operating profit and narrowed net loss significantly to N302.7mn, a remarkable recovery from the N5.23 billion net loss recorded in first half 2024. Market operators were impressed at the performance, hence, the company added N15.333bn to its market cap following the gain of N7.00 per share or 10% on Friday, January 24 to attain a 52-week high of N77 per share

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The user WaneInvestmentHouse holds no position in NGSE:GUINNESS. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.

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