Earnings Update – GUINNESS – 2022FY 2022FY Ends on A Strong Footing

Guinness Nigeria Plc wrapped up its 2022 financial scorecard (Full year ends June) on a positive note, recording a 23.93% YoY revenue growth to NGN206.82bn (vs. NGN160.42bn in 2021FY). The brewer’s domestic sales, which make up c.99.06% of its total revenue, spiked by 23.89% YoY to NGN204.87bn in 2022FY, while the export sales soared by 32.87% YoY to NGN1.95bn (vs. NGN1.47bn in 2021FY).

Earnings Update – GUINNESS 2022FY (1)

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