Ghana: Guinness Ghana reports strongest financial performance in its history

Guinness Ghana Breweries PLC has reported its strongest financial performance in company history for the year ended June 30, 2025, demonstrating resilience and strategic discipline amid Ghana’s fluctuating economic climate, MyJoyOnline reported on October 30.

The announcement was made by Board Chairman Felix Addo in the company’s annual report to shareholders.

According to Mr Addo, the year under review was one of “resilience and renewal,” as the company not only navigated macroeconomic headwinds but also achieved record growth.

Revenue rose by 52 per cent to GH₵3.59 billion, while operating profit surged by an unprecedented 448 per cent.

Net profit also grew sharply to GH₵334 million, up from GH₵34 million in 2024, underscoring strong execution and management efficiency.

A major highlight of the year was the successful sale of Diageo’s majority stake in Guinness Ghana to Boissons Nouvelles Holding, a subsidiary of the Castel Group. Mr Addo described the transaction as a “landmark transition” that ushers in a new era of growth for the company.

Under the new arrangement, Guinness Ghana retains the licensed rights to produce and distribute Guinness and other Diageo brands in Ghana under long-term agreements, while also continuing to distribute Diageo’s international premium spirits through a separate distribution deal.

Mr Addo noted that Castel brings a strong African presence, a solid track record in beverage production, and the ambition to scale Guinness Ghana into its next phase of growth.

He expressed confidence that the combination of Castel’s long-term commitment and the strength of Guinness Ghana’s brands and workforce will drive greater value creation and sustainable expansion for shareholders.

Despite inflation peaking at 23.8 per cent in December 2024 and the cedi experiencing sharp depreciation before recovering to GH₵10.35 per US dollar by June 2025, Guinness Ghana closed the year on a strong note.

The Board reaffirmed its commitment to building on this momentum, maintaining market leadership, and ensuring long-term stability and profitability under its renewed strategic direction.