January 19, 2018 1:50 AM ET

Beverages

Company Overview of East African Breweries Limited

Company Overview

East African Breweries Limited engages in the brewery, production, marketing, and sale of drinks, malt, and barley in Kenya, Uganda, Tanzania, and South Sudan. It offers beers under the TUSKER, TUSKER MALT Lager, TUSKER LITE, Pilsner Lager, Pilsner Ice Lager, White Cap Lager, White Cap Light, Windhoek Lager, Bell Lager, Serengeti Premium lager, Senator Lager, GUINNESS, Balozi Lager, KIBO GOLD, Allsopps Lager, and Tusker Premium Cider brand names. The company also provides spirits under the Smirnoff No. 21 vodka, Smirnoff Ice, CÎROC, Richot Brandy, V&A Sherry, Uganda Waragi, Justerini and Brooks, Vat 69, Gordon's London Dry Gin, Tanqueray, Baileys Original Irish Cream, Captain Morgan Black ru...

Corporate Centre

Ruaraka

PO Box 30161

Nairobi,  00100

Kenya

Founded in 1922

1,500 Employees

Phone:

254 020 864 4000

Key Executives for East African Breweries Limited

East African Breweries Limited does not have any Key Executives recorded.

East African Breweries Limited Key Developments

East African Breweries Limited, Annual General Meeting, Sep 21, 2017

East African Breweries Limited, Annual General Meeting, Sep 21, 2017, at 08:00 Coordinated Universal Time. Location: Safari Park Hotel, Ruraka Nairobi Kenya Agenda: To consider audited financial statements for the year ended June 30, 2017 together with directors report; to confirm dividend; to elect directors; to approve directors fee; and to consider other matters.

East African Breweries Limited Announces Financial Results for the Period Ended June 2017; Recommends Final Dividend for Fiscal 2017

East African Breweries Limited announced financial results for the period ended June 2017. For the period, the company reported reporting KES 8.5 billion in profit-after-tax from continuing operations, which represents 6% growth compared to last year. The Group's net sales were up 2% on a like for like basis (up 9% on a reported basis) and volumes grew by 5%, driven by a good performance in mainstream spirits and value beer, with both delivering double-digit growth. Growth in profits from continued operations was achieved through better efficiencies across the Group. The Group's capital expenditure (CAPEX) rose by 14% to KES 5.7 billion as EABL continued to invest in production capacity for beer and spirits and increasing quality and environmental ef iciencies of its operations. The Board of Directors has recommended a final dividend of KES 5.50 per share. The 2017 annual dividend remains unchanged from last year at KES 7.50 per share.

East African Breweries Seeks Sale Of Mombasa Brewery

East African Breweries Limited (NASE:EABL.O) signalled its intention to continue with the sale of prime assets, with the invitation of bids for a disused brewery and a prime piece of land in Mombasa. The property, which sits on a six-acre piece of land in Mombasa’s Shimanzi Industrial Area, is on sale for a base price of KES 700 million.

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