Header cover image

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

WA
WaneInvestmentHouseNot Invested
Community Contributor

Published

January 27 2025

Updated

February 03 2025

Narratives are currently in beta

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

How well do narratives help inform your perspective?

Disclaimer

The user WaneInvestmentHouse holds no position in NGSE:GUINNESS. Simply Wall St has no position in any of the companies mentioned. 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.

Read more narratives

Fair Value
₦82.0
6.1% undervalued intrinsic discount
WaneInvestmentHouse's Fair Value
Future estimation in
PastFuture-50b416b2014201720202023202420262029Revenue ₦264.2bEarnings ₦31.2b
% p.a.
Decrease
Increase
Current revenue growth rate
23.82%
Beverage revenue growth rate
0.19%