- EABL recorded one of its best half-year results in recent times.
- Revenue and profit grew strongly, supported by higher sales volumes.
- The Board proposed a higher interim dividend for shareholders.
- Regional economic conditions showed early signs of recovery.
- The planned EABL–Asahi deal remains on track, pending approvals.
East African Breweries Limited (EABL) has reported a solid half-year performance, ranking among its strongest results in recent periods.
The company’s performance came at a time when households were still feeling financial pressure, and production costs remained high. Even so, EABL managed to deliver growth across key indicators.
During the reporting period, the business environment across East Africa showed gradual improvement.
Inflation eased in several markets, interest rates started to fall, and local currencies became more stable. These changes helped boost consumer confidence and created a more supportive climate for businesses.
EABL Group Managing Director and CEO Jane Karuku said the company recorded notable gains across its financial results.
Net revenue rose by 11 per cent to KSh 75.5 billion, driven by higher sales volumes and better pricing management. Profit after tax jumped by 38 per cent to KSh 11.2 billion, supported by tight cost control, improved margins, and lower financing costs.
The Group also strengthened its balance sheet by reducing total debt by KSh 2.3 billion.
Following the strong performance, EABL’s Board of Directors proposed an interim dividend of KSh 4.00 per share, before withholding tax.
This marks an increase of KSh 1.50 per share compared to the same period last year, signalling confidence in the company’s financial position and future outlook.
During the half-year, EABL continued to invest in key strategic areas, including new products, sales execution, digital systems, and sustainability initiatives.
These efforts are aimed at keeping the business flexible as consumer tastes change, while also building long-term stability.
Looking ahead, Karuku said global and regional trends are increasingly favourable for the business.
She noted that consumers are leaning towards trusted brands and quality experiences, while East Africa’s young population and fast-growing digital space continue to open up new growth opportunities.
On the proposed EABL–Asahi deal, Diageo announced in December 2025 that it plans to sell its stake in EABL to Asahi Group Holdings.
The transaction is subject to regulatory approval and is expected to be completed in the second half of 2026. EABL said it is engaging all stakeholders and believes the deal will support long-term growth and value creation.
