Guinness Nigeria Plc has declared that the ‘days of operating with a weak balance sheet’ are now behind the company as the brewer disclosed it deployed almost N20 billion in capital expenditure during the first half of 2026 across strategic growth initiatives, manufacturing and infrastructure.
At the same time, the company returned approximately N20 billion to shareholders through dividends, balancing reinvestment with shareholder returns as it enters a new phase of growth following a significant improvement in profitability, capital position and debt levels.
Managing Director and Chief Executive Officer of Guinness Nigeria, Girish Sharma, made the disclosure during the company’s H1 2026 Investors and Analysts Call, where management outlined the brewer’s financial performance, strategic priorities and growth outlook.
What Guinness CEO is saying:
Sharma said the company has made significant progress in strengthening its financial position while continuing to invest in its brands, manufacturing capabilities and route to market.
- “The days of operating with a weak balance sheet are behind us. Today, we are in a much stronger position to pursue growth, improve returns and create sustainable value for our shareholders and other stakeholders.”
- “Our focus is not simply on growing bigger, but on building a stronger, more efficient and more sustainable business,” Sharma said.
He added that the healthier balance sheet, strong brands and extensive route to market have positioned Guinness Nigeria to navigate the challenging operating environment while pursuing new growth opportunities.
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Guinness Nigeria’s H1 2026 performance indicated significant improvement in its financial position.
- The brewers delivered approximately N265 billion in revenue for the six months ended June 30,…
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