GUINNESS - Guinness Nigeria

Apr 15, 2021 at 13:05 Twitter · Facebook

GUINNESS share price on Nigerian Stock Exchange

Guinness Nigeria Plc is a beer-brewing company that packages and markets beverages such as Guinness Foreign Extra Stout, Guinness Extra Smooth, Malta Guinness, Gordon’s Spark, and Harp Lager beer. Other brands include Smirnoff Ice, Armstrong Dark Ale, Satzenbrau Pilsner, Top Malt, Harp Lime, Dubic Extra Lager, and most recently, Malta Guinness Low Sugar. Nigeria is the world’s second-largest market for Guinness brands of beverages.

Guinness Nigeria became the first Guinness brewery outside of the British Isles when the first bottle of Guinness Foreign Extra Stout was brewed in November 1963, three years after Nigeria’s independence. Two years later, the company listed on the Nigerian Stock Exchange. Guinness Nigeria is currently the only total beverage company in Nigeria, meaning the only company with a wide portfolio of brands catering to alcohol and non-alcohol drinkers, with spirits, lager and beers, and non-alcoholic drinks.

GUINNESS Stock Market Performance

The current share price of Guinness Nigeria (GUINNESS) is NGN 26.50. The GUINNESS stock closed its last trading day (Wednesday, April 14, 2021) at 26.50 NGN per share on the Nigerian Stock Exchange, recording a 9.96% gain over its previous closing price of 24.10 NGN. GUINNESS began the year with a share price of 19.00 NGN and has since gained 39.47% on that price valuation, ranking it 9th on the NSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about GUINNESS knowing that the stock has accrued 15.22% over the past four-week period alone. The table below details the last 10 trading days of activity of Guinness Nigeria on the Nigerian Stock Exchange.

Profile of Guinness Nigeria Plc

Guinness Nigeria Plc was founded on April 29, 1950 and operates in the Consumer Goods sector, specifically, the Beverages industry. Guinness Nigeria contracts an estimated total number of 822 employees as of 2020. The company is led by Baker Magunda as its Managing Director/CEO, since 2018. The company's board of directors, chaired by Babatunde Savage, is composed of 14 members whose names are listed below.

1. Savage, Babatunde
   Non-Executive Chairman
2. O'Keeffe, John
   Non–Executive Vice Chairman
3. Magunda, Baker
   Managing Director/CEO
4. Njoroge, Stanley
   Finance and Strategy Director
5. Odusola, Rotimi
   Legal Director/Company Secretary
6. Rewane, Bismarck
   Non-Executive Director
7. Breen, Leo
   Non-Executive Director
8. Sandys, Mark
   Non-Executive Director
9. Abdulrrahman, Zainab (Hajia.)
   Independent Non-Executive Director
10. Dogonyaro, Sunday (Ambassador)
    Independent Non-Executive Director
11. Edozien, Ngozi
    Independent Non-Executive Director
12. Johnson, Omobola
    Independent Non-Executive Director
13. Ayeni, Yemisi
    Independent Non-Executive Director
14. Ajogwu, Fabian
    Independent Non-Executive Director

GUINNESS Industrial Market Competitors

Guinness Nigeria Plc, issuers of the GUINNESS stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Goods sector and/or Beverages industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Stock Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange