Shares of Guinness Nigeria Plc jumped more than 41 per cent in September, closing at N183.9 on September 23, 2025, their highest level in over a year on the Nigerian Exchange (NGX).
The stock, which opened the month at N130, is on track for its strongest monthly performance to date if the rally continues. Year-to-date, Guinness has gained 161.78 per cent, making 2025 its best year since listing on the NGX in 2012.
The surge follows the company’s audited results for the year ended June 30, 2025, which showed a dramatic turnaround: a pre-tax profit of N27.9 billion, compared to a loss of N73.6 billion in 2024.
Revenue rose 65.8 per cent to N496.6 billion, while finance expenses dropped sharply from ₦30.6 billion to N8.5 billion, largely due to currency remeasurement gains.
Analysts attribute the recovery partly to operational changes after Tolaram Group acquired a 58.02 per cent stake from Diageo in September 2024. The takeover reshaped strategy and performance, reflected in the 2025 results.
Guinness Nigeria’s share price journey this year has been striking. Starting 2025 at N70.25 after dipping to N49.60 in March 2024, it closed January at N77, slipped slightly in February, and has since climbed steadily.
Gains accelerated in the second half of the year up 33 per cent in July and further in August before September’s rally pushed the stock to its new high.