Guinness Nigeria reports 31% revenue growth in 12 months amid economic woes

The company posted a revenue of ₦299.48 billion during the review period against ₦229.44 billion posted in the comparative period of 2023.

Guinness Nigeria Plc has achieved 31% revenue growth for the financial year ending June 30, 2024, despite the challenging macroeconomic environment.

The Managing Director of Guinness Nigeria, Adebayo Alli, via a statement on Friday in Lagos, expressed confidence in the company’s trajectory. Alli said the company posted a revenue of ₦299.48 billion during the review period against ₦229.44 billion posted in the comparative period of 2023.

He stated that while the company delivered a remarkable 31% year-on-year revenue growth in 12 months that ended June 30, 2024, its revenue growth accelerated to 41%, up from 20% in the first half of the year.

By News Agency of NG.
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