Guinness Nigeria 75th AGM profit confirmed as company returns to profitability, declares dividend and gains shareholder confidence
Guinness Nigeria Plc has returned to profitability and declared an interim dividend at its 75th Annual General Meeting held in Lagos, reinforcing investor confidence in its growth strategy.
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The milestone was highlighted as shareholders unanimously approved key resolutions, including board appointments and the engagement of Ernst & Young as independent external auditors effective January 1, 2026.
The meeting followed the release of the company’s Q1 FY2026 financial results, which included an interim dividend of ₦2.00 per ordinary share, signalling renewed commitment to shareholder value.
Chairman of the Board, Prof. Fabian Ajogwu, described the period as a defining phase marked by resilience and transformation, noting that the company successfully navigated a challenging economic environment.
He said the return to profitability represents a powerful turnaround and positions the company for sustained growth.
Managing Director Girish Sharma reaffirmed management’s focus on execution and long-term expansion, stating that the company has clear direction for the next five years.
Girish Sharma added that the leadership team remains confident in delivering improved performance and building on the company’s legacy.
Shareholders expressed strong optimism about future returns, commending the board and management for steering the business through a strategic transition.
One shareholder, Barrister Adetutu Siyanbola, projected stronger dividends in the coming year, citing confidence in the company’s leadership and operational direction.
The development underscores a broader recovery strategy built on disciplined execution, governance strength, and market adaptability.
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With its 75-year presence in Nigeria, the company continues to position itself as a resilient player in the beverage industry, focused on delivering long-term value for stakeholders.
David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.
