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EABL FY2016/17
Ericsson
#1 Posted : Friday, July 28, 2017 10:29:45 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,359
Location: NAIROBI
Kenya’s East African Breweries said net profit for the year through June rose 6 percent to 8.5 billion Kenyan shillings ($81.89 million), helped by reduced operating costs and a slight rise in sales.

The brewer, controlled by Britain’s Diageo, said in a statement on Thursday that net sales rose 2 percent, while it saved 2.3 billion shillings in operating costs in the period.

net sales in Kenya – which makes up about 70 percent of its profits – were up 4 percent despite higher excise duty and drought-induced inflation. Sales in Uganda rose 7 percent and shrunk 12 percent in Tanzania.

The EABL declared a final dividend of Sh5.5 per share, raising the total payout for the year to Sh7.5 per share.

http://www.businessdaily...035480-3g9h0u/index.html
Ericsson
#2 Posted : Friday, July 28, 2017 2:46:37 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,359
Location: NAIROBI
Kenya's EABL to convert Tanzania unit loan into equity

http://af.reuters.com/ar...ditiesNews/idAFL5N1KJ2NH
Ericsson
#3 Posted : Sunday, July 30, 2017 11:54:01 PM
Rank: Elder


Joined: 12/4/2009
Posts: 3,359
Location: NAIROBI
EABL FY;
*Kenya contributed 74% of EABL's total sales.
*Uganda revenue +7%
*Tanzania revenue -12%
Pesa Nane
#4 Posted : Monday, July 31, 2017 5:13:44 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,228
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Ericsson
#5 Posted : Saturday, August 05, 2017 8:15:33 AM
Rank: Elder


Joined: 12/4/2009
Posts: 3,359
Location: NAIROBI
obiero
#6 Posted : Saturday, August 05, 2017 9:20:05 AM
Rank: Elder


Joined: 6/23/2009
Posts: 6,706
Location: nairobi
Ericsson wrote:
http://www.businessdailyafrica.com/analysis/What-EABL-debt-rollover-signals-investors/539548-4043954-1044lrez/index.html

I would exercise caution on this one
www.winda.co.ke
Ebenyo
#7 Posted : Saturday, August 05, 2017 7:01:21 PM
Rank: Member


Joined: 4/4/2016
Posts: 857
Location: Kitale
Pesa Nane wrote:



cashflow position?
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
Pesa Nane
#8 Posted : Sunday, August 06, 2017 8:20:21 PM
Rank: Elder


Joined: 5/25/2012
Posts: 3,228
Location: 08c
Ebenyo wrote:

cashflow position?



Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#9 Posted : Monday, August 07, 2017 9:28:56 AM
Rank: Member


Joined: 4/4/2016
Posts: 857
Location: Kitale
Pesa Nane wrote:
Ebenyo wrote:

cashflow position?






Thats a positive and healthy cash flow.These guys are definitely good at managing debts.
1.Cut down on expenses2.Save a portion of the income 3.Invest heavily
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