EABL half-year profit rises 33pc to Sh6.6bn

KBL managing director Jane Karuku with colleagues at the Kisumu plant. FILE PHOTO | NMG

What you need to know:

  • EABL says its improved performance in the six months ended December was also supported by continued investment in all brands and a stable operating environment in the region.
  • The brewer's group revenues grew 13 per cent to Sh41.57 billion from Sh36.8 billion driven by strong performance from mainstream spirits, bottled beer and Senator Keg across the region.
  • The company said innovations contributed Sh8.2 billion to net sales across the markets driven by brands such as Serengeti Lite, Tusker Cider, Black & White, Captain Morgan Gold and Uganda Waragi Pineapple.

East African Breweries Limited (EABL) has registered a 33 per cent growth in half-year net earnings to hit Sh6.61 billion, driven by strong performance across all segments and markets.

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