EABL profit up 59pc but sees tough 2019

EABL Group CEO Andrew Cowan says the scale of growth in its three markets of Kenya, Uganda and Tanzania. [Courtesy]

East African Breweries is not so bullish even after posting a 59 per cent growth in net profit for the financial year ending June 2019.

The brewer posted a profit after tax of Sh11.5 billion in the 12 months to June growing from a weaker base of Sh7.2 billion in a similar period in 2018. It, however, cautioned shareholders against expecting a repeat of such robust performance this year.