Audio By Carbonatix
Guinness Ghana Breweries PLC has posted outstanding financials for its year ended June 30, 2025.
The company said despite the economic volatility and downturn experienced in the year under review, it recorded profit after tax of GH₵334 million, underscoring Guinness Ghana’s resilience as it delivered best performance in the company's 65-year history.
Delivering his address at the 53rd Annual General Meeting held in Accra, Board Chair, Felix Addo, touted the efficient cost controls and innovative operational strategies as the reason behind the stellar performance.
The seasoned chartered accountant also pointed to the successful transition of Diageo's majority shares in Guinness Ghana Breweries Plc to Boissons Nouvelles Holding, a member of the Castell Group.
"This marks a new chapter in our company's history. Under Diageo, we built an iconic portfolio, market leadership and a culture of responsibility and sustainable performances," he said.
Board Chair, Felix Addo was also optimistic that the onboarding of Castell Group will usher new opportunities in value creation and sustainable growth.
"Castel now takes the baton, bringing a wide African footprint and a strong track record in beverages," he said.
The Managing Director, Frédéric Feraille underscored the company's strategy to expand its outlets coverage as a key reason for increased returns in sales.
He noted that activities such as the ‘Accravaganza’, and the Guinness English Premiere League match day viewing activations increased patronage and brand visibility.
"We delivered a year of remarkable growth. Volumes rose by 15.4% against the prior year, and net sales value expanded by 52%."
Guinness Ghana Breweries Plc emphasized the implantation of disciplined cost controls as one of the reasons for its impressive fiscal showings as well as consistency in its supplies.
"Our supply chain stood resilient despite global and local input cost pressures." Mr. Feraille added.
Local raw material sourcing now accounts for over 69% of production inputs reducing forex exposure and creating shared value directly with over 5,700 Ghanaian farmers.
On sustainability, the company, as part of its outreach programme educated 34,000 students on responsible drinking while over a million consumers participated in the ‘Control Be Sense’ moderation campaign. Guinness Ghana Breweries Plc also gave safe drinking water to over 86,000 people across the country.
Dividend Payments
The board announced a dividend of GH₵0.098 per share. This translates to a total payout of GHC 30.1 million compared to a GH₵6.7 million payout in the previous period. The total payout represents the highest in 7 years.
Despite a challenging economic year in 2024, Revenue grew by 52% to GH₵3.5 bn. Operating profit also surged by a whopping 448% with profit after tax closing at GH₵334 million.
This, the management say is a testament to the company’s careful strategic execution and resilience.
The Board, led by Mr. Addo pledged to drive growth by leveraging Castel Group’s diverse product base and strong industry knowledge.
Latest Stories
-
2026 FIFA World Cup: GFA not ruling out possible return of injured Abu Francis
18 seconds -
JoyBusiness Review 2025: Banks must increase lending to agriculture despite risks – Prof. Quartey
1 minute -
Koforidua High Court dismisses petition challenging Suhum MP’s election
3 minutes -
NSA raises alarm over rejection of National Service Personnel by user agencies
6 minutes -
2025 JoyBusiness Review: I think the Cedi is overvalued – Joe Jackson
10 minutes -
JoyBusiness Review 2025: Joe Jackson names Ato Forson, Johnson Asiama as Men of the Year
21 minutes -
Falling inflation doesn’t mean prices are dropping — Prof. Quartey
22 minutes -
Police receive plaudits for reducing ‘landguardism’ in parts of Greater Accra
38 minutes -
IMF programme and strong fiscal–monetary coordination driving Ghana’s stability — Prof. Peter Quartey
40 minutes -
Kamal-Deen accuses government of constitutional breach over troop deployment to Jamaica
44 minutes -
2026 World Cup: Nketiah and Hudson-Odoi will ‘bring chaos’ to Black Stars – Derek Boateng
52 minutes -
11 Nigerian soldiers freed after 10-day detention in Burkina Faso -Ministry
57 minutes -
Livestream: Joy Business Review 2025
1 hour -
Interior Minister opens Upper West Regional Police Headquarters
1 hour -
AFCON 2025: Top 10 stars set to light up Morocco
2 hours
