2014 FY Results: Guinness Reports 19% Drop in PAT…Propose N3.2 Dividends

Guinness released its 2014 Full year results reporting an 11% drop in turnover to N102.9billion (2013: N122.4b).  Profit after tax also dropped 19% year on year to N9.5billion (2013: N11.8 billion).

They also released the following dividend information.

Proposed Dividend 320 kobo per share
Proposed Bonus Nil
Closure Date Monday, 13 October 2014 to Friday, 17 October 2014 (both days inclusive)
AGM Date 13th November, 2014
Payment Date 14th November, 2014
AGM Venue Transcorp Hotels, 10 Murtala Mohammed Highway, Calabar, Cross Rivers State