Guinness profit hits record level under Castel’s leadership

….declares GH¢0.098 per share dividend

By Kingsley Webora TANKEH

Guinness Ghana Breweries Plc., following an acquisition of majority stakes in the company by Castel Group,  has posted  its strongest ever financial performance in the year ended June 30, 2025 amid economic headwinds.

The board declared a dividend payout of GH¢0.098 per share, totalling over                  GH¢30million. This is the highest dividend payout to shareholders in seven years,

The drink and beverage maker reported a  448 percent surge in operating profit and a 52 percent increase in revenue to GH¢3.59billion. Net profit skyrocketed to                   GH¢334million, up from GH¢34million recorded in the previous year.

This stellar financial performance comes on the heels of Diageo’s sale of its majority shareholding to the Castel Group.

Speaking at the 53rd annual general meeting in Accra, Chairman-Guinness Ghana Felix Addo framed the transition as a pivot from one legacy to another, commending the team for its diligent work that drove the performance.

“Under Diageo’s stewardship, we built an iconic portfolio and a culture of responsibility. Castel now takes the baton, bringing a wide African footprint and an ambition to scale our business into its next phase of growth,” Addo stated.

He reassured stakeholders that the company’s relationship with Diageo continues through long-term licencing and distribution agreements, ensuring the Guinness brand and various international spirits remain central to its portfolio.

For the first time in over a decade, Guinness Ghana’s beer portfolio captured more than 50 percent of the market by value – cementing its position as the undisputed industry leader.

The Managing Director of Guiness Ghana, Frédéric Feraille, credited bold cultural campaigns for the company’s success. He noted that activations like the Guinness ‘Matchday’ and ‘Accravaganza’ festival, alongside the successful launch of Guinness Smooth, resonated well with consumers.

He said the spirits division also saw robust growth, with Johnnie Walker strengthening its premium status and tequila sales exploding by nearly 300 percent.

“We delivered a year of remarkable growth, supported by disciplined cost control, stronger local sourcing and focused execution,” Mr. Feraille said.

The company also highlighted its strengthened commitment to Ghana.

He revealed that the company has ramped up local raw material sourcing, which now accounts for over 69 percent of inputs – creating shared value with over 5,700 direct and 42,000 indirect Ghanaian farmers.

Mr. Feraille noted the company educated over 34,000 students on responsible drinking, provided 86,000 people with safe water access and reduced its carbon emissions ahead of schedule.

He emphasised that with the “robust distribution network and extensive regional expertise” of Castel now, Guinness Ghana is charting a new era of unprecedented financial strength – continuing on the growth trajectory and poised to remain a dominant force in Ghana’s beverage industry.

Going forward, Mr. Feraille outlined clear priorities: resolving the issue of non-tax compliant Malta Guinness imports from Nigeria, improving production efficiency and consolidating market leadership.

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