Uganda Breweries Limited a subsidiary of the EABL of the Diageo group has recorded a 17 percent growth in revenues to emerge the best performing subsidiary market for East Africa Breweries Limited (EABL) in the region. This was announced in the company’s half-year results for the six months ended December 31, 2013.
EABL group Managing Director Charles Ireland who announced the results at an investor briefing in Nairobi on February 14, 2014, attributed UBL’s performance to pricing interventions, the bell campaign, improved mix into premium beers, strong performance on Waragi gin as well as a successful launch of the reserve portfolio.
“We are particularly pleased by the 17 percent organic net revenue growth in Uganda as a result of improved availability, mix and pricing initiatives while our international business, EABLi, though impacted by political instability in South Sudan in the second quarter, remained resilient and delivered a 6 percent growth in net revenue,
