EABL reports profit surge

31 July, 2015

East African Breweries Ltd., the region’s largest brewer, said full-year profit surged 39% as revenue climbed on improved sales of its premium beers and spirits, reports Felix Njini of Bloomberg News.

Net income jumped to 9.58 billion shillings (US$94 million) in the 12 months through June from 6.86 billion shillings a year earlier, the Nairobi, Kenya-based company said in a statement handed to reporters today (July 31). Revenue grew 6.1% to 64.4 billion shillings, it said.

EABL, as the company is known, is 50.03% owned by Diageo, the world's largest premium drinks maker which happens to make Guinness in Nigeria.





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

Nick Strangeway

Safety is paramount for female bar staff

Nick Strangeway on the duty of care which bars must have to their female staff and customers.

Instagram

Facebook