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EABL half year 2019/2020 results
Ericsson
#31 Posted : Tuesday, May 19, 2020 1:15:55 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.standardmedi...billion-of-eabl-profits

Movement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits.

The closure of pubs, restaurants and hotels in March as a result of the coronavirus outbreak meant a freeze on a huge chunk of the company’s distribution network.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#32 Posted : Tuesday, May 19, 2020 6:53:13 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,213
Location: nairobi
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001371601/virus-eats-sh2-2billion-of-eabl-profits

Movement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits.

The closure of pubs, restaurants and hotels in March as a result of the coronavirus outbreak meant a freeze on a huge chunk of the company’s distribution network.

Yasserbigchair warned about this

KQ ABP 4.26
Ericsson
#33 Posted : Saturday, July 25, 2020 10:17:43 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Full Year results being released next week.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#34 Posted : Wednesday, July 29, 2020 9:26:33 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Queen
#35 Posted : Wednesday, July 29, 2020 10:22:33 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.
watesh
#36 Posted : Wednesday, July 29, 2020 11:01:34 PM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Queen wrote:
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.

Readying up to buy this gem below 120
muandiwambeu
#37 Posted : Thursday, July 30, 2020 12:59:27 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
watesh wrote:
Queen wrote:
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.

Readying up to buy this gem below 120

Come slowly bin Eric,Sad Sad smile
that was with partial lockiedown, a thirty days of none is being delivered premature, and then nobodys knows for how long will the pushing be on. Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly for the crown to be seen.
but anyway, if it was met for one for the road you could as well plant every tusker for two. who knows onwards older tuskers won't be growing older and tastier. Pray Pray Pray
How is the loan book to date.
,Behold, a sower went forth to sow;....
Ericsson
#38 Posted : Thursday, July 30, 2020 8:15:02 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://mobile.twitter.c...8696656968519681/photo/1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#39 Posted : Thursday, December 24, 2020 9:10:40 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://mobile.twitter.c...1990441634377731/photo/1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#40 Posted : Thursday, January 28, 2021 7:27:02 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
47.3% decline in Half Year profit to December 31 2020 with earnings falling to KES.3.8bn from 7.2bn in 2019.
Volumes and net sales tumbled by 5 and 3% respectively.The Kenyan subsidiary recorded the greatest hit with sales down by 10%.
Parent company Diageo reports a 1% rise in net organic sales driven by Americans drinking more Tequila at home.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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