EABL | East African Breweries FY22 Earnings Note

    EABL announced a 123.70% y/y increase in net earnings to KES 15.57Bn on the back of economic recovery following the lifting of gathering restrictions which increase sales volumes. Additionally, EPS bettered our expectations by growing 171.23% to KES 15.00 on the back of the highest profits in 6 years. The positive results saw a return to dividend payment with a final dividend of KES 7.25 ( Including an interim dividend of KES 3.75) taking the total dividend to KES 11.00.

     

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    AIB-AXYS Africa Ltd is the fusion of two established companies; AIB Capital Limited and Apex Africa Capital Limited, both with over 25 years of experience in the Securities market. With the solid reputation and experience of the professional teams, we leverage talent and networks to better service businesses and investors looking to capitalize on the African growth story, and its vibrant financial sector.
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