East African Breweries PLC (EABL) has reported a 49% increase in Profit After Tax to KSh18.2 billion for the financial year ended June 30, 2026, driven by strong revenue growth, improved productivity and lower financing costs.
The brewer recorded a 13% year-on-year increase in net revenue to KSh146 billion, supported by strong performance across its beer and spirits categories and markets in East Africa.
EABL Group Managing Director and CEO Jane Karuku attributed the performance to volume growth, effective cost management and a reduction in financing costs.
“We delivered one of our strongest performances in recent years, achieving net revenue growth of 13% to KSh146 billion. Profit After Tax increased by 49% to KSh18.2 billion, supported by volume growth, effective cost management, and lower financing costs,” Karuku said.
The company also strengthened its balance sheet during the year, reducing total debt by KSh6.2 billion amid lower interest rates.
The improved financial performance was accompanied by stronger shareholder returns, with EABL’s share price rising 43% to close at KSh269 as of June 30, 2026.
The company’s Board of Directors has recommended a final dividend of KSh8.70 per share, subject to withholding tax. This brings the total dividend for the financial year to KSh12.70 per share, representing a 59% increase from the previous financial year.
EABL said the operating environment across East Africa remained broadly stable during the year, with relatively steady currencies, contained inflation and a favourable interest-rate environment.
However, inflationary pressures increased modestly towards the end of the financial year, driven largely by higher energy and food costs. Consumer affordability pressures and fiscal challenges also remain key concerns for businesses across the region.
The brewer further highlighted growing concerns over illicit alcohol consumption, calling for continued collaboration between governments, regulators and industry stakeholders to protect consumers and support sustainable growth in the alcohol industry.
Looking ahead, EABL said it remains confident about its growth prospects, supported by its diversified portfolio, market-leading brands and regional market presence.
“We remain well positioned to deliver sustainable growth through our diversified portfolio, market-leading brands and talented teams,” Karuku said.
She added that continued investment in the business and communities would help EABL create long-term value for shareholders while contributing to the socio-economic development of East Africa.