East African Breweries Plc (EABL) has delivered an excellent financial report for the six months period ended December 2025, with a Profit After Tax reaching a staggering Kshs. 11. 2 billion, which is mostly attributable to higher sales as well as better operational efficiency.
The fantastic result translates to a 38 per cent increase in profit over the corresponding period last year. The stock market brewer cited a combination of solid earnings growth, tighter cost controls, and significantly lower finance costs as the main reasons behind the surge in earnings.
Besides, the company has also lowered its debt levels by about Kshs. 2. 2 billion during the period, which helped to ease interest expenses and thus further contributing to bottom-line growth.
EABL’s net revenue went up by 11 per cent to Kshs. 75. 5 billion, mainly supported by an 8 per cent growth in sales volumes in the major markets. The brewer explained that effective revenue management and strong demand for its brands have been the main factors in achieving these results in spite of the pressure from the rise in the cost of inputs and retreating households’ purchasing power.
Furthermore, the company attributed the robust revenue growth to a combination of increased sales in their brand portfolio, attractive new products, and enhanced distribution.
The reporting period was marked by encouraging macroeconomic recovery across the region. Inflationary pressures eased in most markets, interest rates began to trend downward, and currencies stabilised or strengthened, supporting improved consumer sentiment and business confidence. While household disposable incomes remained under pressure and input costs stayed elevated, the overall operating environment showed signs of recovery.
Commenting on the results, Group Managing Director and Chief Executive Officer Jane Karuku indicated that the Group had registered one of its strongest half-year performances of the recent past.
She mentioned that the results mirrored the combined effect of a disciplined cost control, margin expansion, and reduced financing costs, apart from the strength of the EABL brand portfolio and the clarity of strategy.
“Global and regional trends are increasingly working in our favour. Consumers are gravitating towards trusted brands, local relevance, and quality experiences, while East Africa’s youthful demographics and accelerating digital adoption continue to unlock new growth opportunities, enabling us not only to respond to change, but to shape it.”
To demonstrate its commitment to shareholder returns, the EABL Board of Directors has proposed an interim dividend of Kshs. 4. 00 per share, which will be subject to withholding tax. This implies an increase of Kshs. 1. 50 over the previous year, thus, a clear signal that the Group is confident in its financial position and future prospects.
Throughout the period, EABL has actively pursued innovation, digital capabilities, commercial execution, and sustainability as key areas that will contribute to the company’s long, term resilience and relevance.
The company, however, said that favourable regional trends, youthful demographics, and accelerating digital adoption would probably be the main drivers to attract even more growth opportunities in the future.
EABL has reaffirmed Diageo’s intention to sell its shareholding to Asahi Group Holdings. The transaction is anticipated to be completed in the second half of 2026, subject to regulatory approvals.