EABL Records 13% Revenue Growth as Full-Year Profit Jumps 49%

East African Breweries PLC (EABL) recorded a 13% year-on-year revenue growth in the financial year ended June 30, 2026, as the company posted a 49% increase in profit after tax despite operating in a challenging consumer environment.

According to a report released on August 6, the brewer said the strong performance was driven by growth across its beer and spirits businesses, improved productivity, disciplined cost management, and lower finance costs following debt reduction.

EABL said its revenue grew by 13% compared to the previous financial year, supported by strong momentum across its markets and product categories.

The company added that profitability increased by 49%, helped by higher sales, productivity initiatives, and reduced financing costs as interest rates declined during the year.

According to the company, the operating environment across East Africa remained relatively stable, with steady currencies, controlled inflation, and a favourable interest rate environment for much of the year.

However, EABL noted that inflationary pressure increased toward the end of the financial year due to rising food and energy costs.

EABL CEO Highlights Strong Financial Performance

EABL Group Managing Director and Chief Executive Officer Jane Karuku said the company had delivered one of its strongest performances in recent years.

“We delivered one of our strongest performances in recent years, achieving net revenue growth of 13% to Kshs. 146 billion. Profit After Tax increased by 49% to Kshs. 18.2 billion, supported by volume growth, effective cost management, and lower financing costs, while total debt reduced by Kshs 4.8 billion, further strengthening our balance sheet.”

She said the company remained focused on expanding growth through its broad product portfolio, extensive market reach, and disciplined execution across the business.

Also Read: EABL Seeks CJ Martha Koome’s Intervention Over Court Cases on Proposed Acquisition

Higher Returns for Shareholders

EABL said the strong business performance also translated into improved shareholder returns.

The company’s share price rose 43% to close at Ksh. 269 as of June 30, 2026.

The Board of Directors has recommended a final dividend of Ksh 8.70 per share, subject to withholding tax. This brings the total dividend for the financial year to Kshs. 12.70 per share, representing a 59% increase from the previous year.

Also Read: EABL Appoints New Executive Director Following Risper Ohaga’s Resignation

Outlook Remains Positive

EABL said it remains optimistic despite continued pressure on consumer spending and ongoing fiscal challenges across the region.

Karuku said the company is confident in its long-term growth strategy.

“We remain well positioned to deliver sustainable growth through our diversified portfolio, market-leading brands and talented teams. As we continue to invest in our business and our communities, we are confident in our ability to create long-term value for shareholders while contributing positively to the socioeconomic development of East Africa.”

The company also maintained its commitment to working with governments, regulators, and industry stakeholders to combat illicit alcohol while supporting sustainable industry growth and protecting consumer choice.

Follow our WhatsApp channel for instant news updates

EABL Office Headquarters
PHOTO/Business Daily