East African Breweries PLC (EABL) has reported a 12.2 percent increase in profit after tax to KSh 12.2 billion for the financial year ended June 2025, up from KSh 10.9 billion in 2024, driven by a recovery in foreign exchange movements and lower finance costs. The company’s comprehensive income more than doubled year-on-year to KSh 12.71 billion, compared to KSh 6.91 billion the previous year.
As a result, the brewer has raised its full-year dividend by 14.3 percent to KSh 8.00 per share, from KSh 7.00 in the prior year. This includes a final dividend of KSh 5.50 per share. Based on EABL’s closing share price of KSh 226.00 on Tuesday, the dividend yield stands at 3.5 percent.
EABL posted a 3.8 percent growth in net revenue to KSh 128.8 billion. However, operating profit excluding foreign exchange impacts declined by 13.7 percent to KSh 24.9 billion, reflecting margin pressures in the core business.
A key turnaround was seen in foreign exchange movements, where the company reported a gain of KSh 313 million, a significant reversal from the KSh 3.92 billion loss recorded in FY2024. Net finance costs fell by 27.9 percent to KSh 5.86 billion, down from KSh 8.13 billion a year earlier.
The group’s earnings per share (EPS) rose by 16.3 percent to KSh 11.97, while its cash position improved by 17.8 percent to close the year at KSh 12.74 billion, up from KSh 10.82 billion the previous year.
EABL’s stock has gained 28.8 percent year-to-date and is up 45.6 percent over the past 12 months, reflecting investor optimism amid signs of financial recovery.
EABL, majority-owned by Diageo, remains the region’s largest alcoholic beverage manufacturer, with operations across Kenya, Uganda, and Tanzania.
