Bralirwa announces annual results for the period ended 31 December 2014

Top-line:
Total revenue grew by 0.9% in 2014 due to product mix. For the second year in a row no price increases were taken.

Volume:
2014 total sales volume increased by 1.9%. Total domestic sales increased by 5.6%, of which beer grew by 6.4% and soft drinks by 3.7%.

Profit:
While top line was positive, the absorption of additional costs, higher depreciation, increased input and finance costs and adverse foreign exchange impacted bottom-line performance. EBIT declined by 11.6% to RWF 19,452 million. PAT declined by 14.3% to RWF 13,242 million.

Dividend:
A cash dividend for 2014 of RWF 7.50 per share will be proposed to the AGM. If approved, the dividend will be paid on 25 June 2015. Book close date will be 22 May 2015.

You can download full company statement at http://rwandainvestor.co...ll-year-results-for-2014