EABL Delivers Strong Half-Year Performance
EABL Delivers Strong Half-Year Performance
East African Breweries Plc (EABL) has announced its unaudited financial results for the six months ended 31 December 2025. The Group delivered one of its strongest half-year performances in recent years, recording a 38 percent growth in Profit After Tax.
The period was marked by signs of economic recovery across East Africa. Inflation eased in most markets, interest rates began to decline, and regional currencies stabilised. These factors helped lift consumer confidence.
Household incomes remained under pressure, and input costs stayed high. However, the overall operating environment showed steady improvement.
Revenue and Profitability Gain Momentum
Net revenue increased by 11 percent to Kshs. 75.5 billion. The growth was driven by strong volume expansion of 8 percent and effective revenue management.
Profit After Tax rose by 38 percent to Kshs. 11.2 billion. The increase was supported by disciplined cost control, margin expansion, and lower financing costs. Total debt reduced by Kshs. 2.3 billion during the period.
EABL Delivers Strong Half-Year Performance
Leadership Commentary on Performance
EABL Group Managing Director and CEO Jane Karuku said the results reflected strong execution across the business.
“We delivered one of our strongest half-year performances in recent periods,” Karuku said. “Despite ongoing pressure on consumers, our teams executed with agility and precision across our markets.”
She added that the performance demonstrated the strength of EABL’s brands, the relevance of its portfolio, and the clarity of its strategy.
Shareholders to Receive Higher Interim Dividend
In line with its focus on shareholder value, the Board has recommended an interim dividend of Ksh 4.00 per share. The payout is subject to withholding tax.
This represents an increase of Kshs. 1.50 per share compared to the previous year. The decision reflects confidence in the Group’s performance and outlook.
Strategic Investments and Sustainability Focus
During the period, EABL continued to invest in innovation, commercial execution, digital capabilities, and sustainability. These investments are strengthening the Group’s ability to meet changing consumer preferences.
The initiatives are also helping to build long-term business resilience across its markets.
Commenting on the outlook, Karuku said global and regional trends continue to support growth. She noted that consumers are increasingly choosing trusted brands and quality experiences.
She also highlighted East Africa’s youthful population and rising digital adoption as key drivers of future opportunities.
Update on Proposed EABL–Asahi Transaction
On 17 December 2025, Diageo announced the sale of its shareholding in EABL to Asahi Group Holdings Ltd. The transaction remains subject to regulatory approvals.
Completion is expected in the second half of the 2026 calendar year. EABL said it continues to engage stakeholders and remains confident the transaction will strengthen the business and support long-term value creation.
