Guinness Ghana Breweries Past Earnings Performance
Past criteria checks 3/6
Guinness Ghana Breweries has been growing earnings at an average annual rate of 6.6%, while the Beverage industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 24.1% per year. Guinness Ghana Breweries's return on equity is 18.7%, and it has net margins of 3.5%.
Key information
6.6%
Earnings growth rate
12.3%
EPS growth rate
Beverage Industry Growth | 11.1% |
Revenue growth rate | 24.1% |
Return on equity | 18.7% |
Net Margin | 3.5% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Guinness Ghana Breweries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 2,186 | 77 | 244 | 0 |
30 Sep 23 | 1,917 | 74 | 216 | 0 |
30 Jun 23 | 1,766 | 40 | 204 | 0 |
31 Dec 22 | 1,402 | -50 | 185 | 0 |
30 Sep 22 | 1,349 | -29 | 198 | 0 |
30 Jun 22 | 1,299 | 5 | 198 | 0 |
31 Mar 22 | 1,261 | 40 | 232 | 0 |
31 Dec 21 | 1,229 | 89 | 190 | 0 |
30 Sep 21 | 1,149 | 71 | 175 | 0 |
30 Jun 21 | 1,104 | 72 | 162 | 0 |
31 Mar 21 | 977 | 47 | 135 | 0 |
31 Dec 20 | 928 | 30 | 131 | 0 |
30 Sep 20 | 890 | 30 | 116 | 0 |
30 Jun 20 | 840 | 12 | 113 | 0 |
31 Mar 20 | 777 | 37 | 118 | 0 |
31 Dec 19 | 745 | 20 | 124 | 0 |
30 Sep 19 | 706 | 14 | 118 | 0 |
30 Jun 19 | 685 | 18 | 110 | 0 |
31 Mar 19 | 664 | 33 | 105 | 0 |
31 Dec 18 | 645 | 36 | 82 | 0 |
30 Sep 18 | 634 | 28 | 90 | 0 |
30 Jun 18 | 623 | 24 | 98 | 0 |
31 Mar 18 | 624 | 3 | 104 | 0 |
31 Dec 17 | 612 | 8 | 108 | 0 |
30 Sep 17 | 594 | 6 | 102 | 0 |
30 Jun 17 | 587 | 7 | 105 | 0 |
31 Mar 17 | 570 | -3 | 103 | 0 |
31 Dec 16 | 578 | 7 | 100 | 0 |
30 Sep 16 | 575 | 6 | 96 | 0 |
30 Jun 16 | 566 | -8 | 98 | 0 |
31 Mar 16 | 546 | -22 | 106 | 0 |
31 Dec 15 | 499 | -44 | 103 | 0 |
30 Sep 15 | 456 | -39 | 84 | 0 |
30 Jun 15 | 437 | -45 | 92 | 0 |
31 Mar 15 | 408 | -43 | 76 | 0 |
31 Dec 14 | 378 | -45 | 72 | 0 |
30 Sep 14 | 357 | -36 | 76 | 0 |
30 Jun 14 | 331 | -9 | 61 | 0 |
31 Mar 14 | 332 | -7 | 53 | 0 |
31 Dec 13 | 314 | 7 | 50 | 0 |
30 Sep 13 | 320 | 14 | 42 | 0 |
30 Jun 13 | 321 | 18 | 51 | 0 |
31 Mar 13 | 320 | 36 | 62 | 0 |
Quality Earnings: GGBL has high quality earnings.
Growing Profit Margin: GGBL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GGBL's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: GGBL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GGBL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Beverage industry (15%).
Return on Equity
High ROE: GGBL's Return on Equity (18.7%) is considered low.