The Lower Eastern Times Opening The Third Eye
East African Breweries Limited (EABL) has recorded a 49 percent increase in net profit to Sh18.2 billion for the financial year ended June 30, 2026, driven by higher sales, disciplined cost management and reduced financing expenses.
The brewer reported a 13 percent rise in revenue to Sh146 billion, supported by strong demand for its beer and spirits brands across its key markets. During the period, the company also reduced its total debt by Sh6.2 billion, further strengthening its financial position.
Group Managing Director and Chief Executive Jane Karuku said the company had delivered one of its strongest financial performances in recent years, with revenue growth underpinned by higher sales volumes and improved operational efficiency.
She noted that the significant increase in profit after tax was driven by volume growth, effective cost control measures and lower financing costs, while the reduction in debt enhanced the company’s balance sheet.
Following the strong results, the Board proposed a final dividend of Sh8.70 per share, bringing the total dividend for the year to Sh12.70 per share, representing a 59 percent increase compared to the previous financial year.
EABL’s share price also climbed 43 percent, closing at Sh269 as of June 30, 2026.
Karuku said the brewer remains well positioned for sustainable growth through its diversified product portfolio, leading brands and experienced workforce. She added that continued investment in the business and surrounding communities will support long-term shareholder value while contributing to the economic development of East Africa.
