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Ghana Stock Exchange

Last update 31 Dec 2025

Guinness Ghana Breweries PLC · GGBL.GH

Ghana · Consumer Staples · Beverages · GHS

Price history

Guinness Ghana Breweries PLC is a Ghanaian beverage company engaged in the manufacture and distribution of alcoholic and non-alcoholic drinks. The company operates across beer, spirits, ready-to-drink beverages and non-alcoholic categories, with brands connected to the Guinness, Malta Guinness, Star, Smirnoff and broader Diageo portfolio as well as local market offerings. Its business model combines brewing, packaging, distribution, trade marketing and brand management across Ghana's formal beverage market. Demand is driven by consumer income, urbanization, brand loyalty, hospitality and entertainment activity, retail availability and product affordability. Profitability depends on volumes, product mix, excise taxes, foreign exchange costs, input materials, packaging, energy, route-to-market efficiency and compliance with alcohol regulation. As a listed company, Guinness Ghana Breweries gives investors exposure to branded consumer beverages in Ghana, with the benefits and risks of operating in a regulated, competitive and input-cost-sensitive consumer-staples market.

Fundamentals

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Metric  (GHS, M) 2024 2023 2022 2021 2020
Revenue Total Revenue 922
EBITDA 140
EBIT 109
Net income Net Income 87
Operating margin 12%
Net margin 9%