EABL records a 36% growth in profit

East African Breweries Limited has reported a 36 percent growth in its full year pretax profit to 14.1 billion shillings.

The results were buoyed by double digit growth in spirits, premium beer and ready to drink beverages.

The brewer’s revenue grew by six percent from 60.7 billion shillings to 64.4 billion shillings.

While making the announcement, EABL Group Managing Director Charles Ireland has said Kenya, Tanzania, Uganda and EABL International all recorded sales growths of between 2 and 7 percent.

The company’s board of directors has recommended the payment of a final dividend of 6 shillings per share up from the previous financial year’s final dividend of 5 shillings and 50 cents.