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EABL HALF YEAR RESULTS
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jawz1
#1 Posted : Saturday, February 19, 2011 8:51:19 AM
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Joined: 8/4/2008
Posts: 205
Location: Nairobi
Turnover grew by 10% to Kshs 20.5 billion over last year’s turnover of Kshs 18.6 billion. Cost of sales increased by 6%. Improved cost management resulted in operating profit increasing by 14% to Kshs 6.1bn. Profit before tax grew by 3% and after tax down by 2% at 4.152 billion.

Link EABL Results
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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hello
#2 Posted : Saturday, February 19, 2011 10:54:23 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
jawz1 wrote:
Turnover grew by 10% to Kshs 20.5 billion over last year’s turnover of Kshs 18.6 billion. Cost of sales increased by 6%. Improved cost management resulted in operating profit increasing by 14% to Kshs 6.1bn. Profit before tax grew by 3% and after tax down by 2% at 4.152 billion.

Link EABL Results


Dividend will remain same or ?
I want to be a millionaire.
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jawz1
#3 Posted : Saturday, February 19, 2011 11:17:12 AM
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Joined: 8/4/2008
Posts: 205
Location: Nairobi
They recommend an interim dividend of Kshs 2.50 per share. This is the same as the interim dividend payout in half year, last year.
"When the pupil is ready to learn, a teacher will appear." -- Zen proverb
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youcan'tstopusnow
#4 Posted : Saturday, February 19, 2011 5:31:04 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
How they perform in the second half will be interesting as sales may drop as a result of the alcohol laws. Ama they will counter that by raising prices? Here is a genuine and serious question to those who drink beer: Are you drinking less, as much or more beer than before with the new laws?
GOD BLESS YOUR LIFE
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For Sport
#5 Posted : Saturday, February 19, 2011 6:09:05 PM
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Joined: 12/23/2010
Posts: 1,229
youcan'tstopusnow wrote:
How they perform in the second half will be interesting as sales may drop as a result of the alcohol laws. Ama they will counter that by raising prices? Here is a genuine and serious question to those who drink beer: Are you drinking less, as much or more beer than before with the new laws?


wrong forum...doubt that you'll get the pips Mututho was targetting here. To respond. My drinking habbits havent changed. (and i drink within that law)
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youcan'tstopusnow
#6 Posted : Saturday, February 19, 2011 7:37:26 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
For Sport wrote:
youcan'tstopusnow wrote:
How they perform in the second half will be interesting as sales may drop as a result of the alcohol laws. Ama they will counter that by raising prices? Here is a genuine and serious question to those who drink beer: Are you drinking less, as much or more beer than before with the new laws?


wrong forum...doubt that you'll get the pips Mututho was targetting here. To respond. My drinking habbits havent changed. (and i drink within that law)

Laughing out loudlyLaughing out loudlyLaughing out loudly Seems you don't drink products from Keroche then, as Tabitha says their sales are significantly down
GOD BLESS YOUR LIFE
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VituVingiSana
#7 Posted : Saturday, February 19, 2011 7:47:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
I do not drink any less coz of the laws since I do not drink before 5pm on weekdays [hardly drink on weekdays except at cocktails]...

On weekends, the 2pm rule is silly. It should be 11am. I enjoy a relaxed brunch or lunch. Not late lunch. And a drink with my meal is good but not having to wait till 2pm.

I wonder why EABL didn't fight this... If I were EABL, I would team with Sierra & Keroche & sponsor a candidate to run against mututho...

This would teach anyone to cross EABL's path!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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youcan'tstopusnow
#8 Posted : Saturday, February 19, 2011 7:56:35 PM
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Joined: 3/24/2010
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Location: Black Africa
VituVingiSana wrote:
If I were EABL, I would team with Sierra & Keroche & sponsor a candidate to run against mututho...

This would teach anyone to cross EABL's path!

Waah! Wouldn't want to cross you mate!
GOD BLESS YOUR LIFE
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youcan'tstopusnow
#9 Posted : Saturday, February 19, 2011 7:58:47 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Aside, why isn't the Tobacco Bill enforced as strictly? That law is virtually non-existent
GOD BLESS YOUR LIFE
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VituVingiSana
#10 Posted : Saturday, February 19, 2011 8:07:59 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
youcan'tstopusnow wrote:
VituVingiSana wrote:
If I were EABL, I would team with Sierra & Keroche & sponsor a candidate to run against mututho...

This would teach anyone to cross EABL's path!

Waah! Wouldn't want to cross you mate!

If I were CEO of EABL, I have the 'power' to donate to various causes! Or support a region with projects like sorghum farming.
Now I might not manage to knock every MP out but I can influence my distributors & bar owners to OPPOSE any MP who voted for mututho's bill. The idea is to warn the rest.

In ukambani/Eastern, I (discreetly) put the word out that any constituency that kicks out their MP [who voted with mututho] gets a borehole [which they know I can deliver pap!]

In RV, I say I will support farmers who grow sorghum with fertilizers & a contract to buy ALL the sorghum.

In Nairobi... LOL... just tell the youth... more concerts at low, low entrance prices...

In NEP - who cares? I don't think EABL sells much there...

In Nyanza, just get Raila to support you... Say you will buy more alcohol from Spectre!

In Coast - just offer bottled mnazi as a new product!

In Central - This can be a battleground but even if EABL loses here, the rest can make up for it.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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the deal
#11 Posted : Saturday, February 19, 2011 10:04:43 PM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Only two more and then she will look beutiful...the power of EABL...LMAO.
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youcan'tstopusnow
#12 Posted : Saturday, February 19, 2011 10:34:27 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
the deal wrote:
Only two more and then she will look beutiful...the power of EABL...LMAO.

Laughing out loudly
GOD BLESS YOUR LIFE
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