Overall Turnover slightly declined by 2.35 % from last year. Circulation , overall Advertising and Events’ revenue streams registered growth of 5.24% , 0.82% and 20.96% respectively while Commercial Printing revenue declined by 33.11% from the same period last year.
Print and Digital advertising revenues grew by 4.82% and 32.0% respectively while Radio and Television revenues declined by 11.92% and 2.21% respectively.
The decline in revenue was largely due to the continued drop in print advertising media spend and a general low economic activity level in the industry.
British American Tobacco Uganda on Thursday February 14, 2019 published an extract of the Financial Half Year Results for the year ended 31st December 2018.
According to the publication; BATU's gross revenue increased by 3% driven by excise led pricing in the market.
The Board of Directors recommended a final dividend per share of Ushs 280 per share to be presented for approval at the Annual General Meeting to be held on 22nd May 2019.
East African Breweries Limited on Friday January 25, 2019 published an extract of the Financial Half Year Results for the period ended 31st December 2018.
According to the publication; EABL's volume grew by 13% driven by strong performance from mainstream spriits,bottled beer and Senator Keg across region.
To find out more about EABL performance highlights, Please see the attacted extract below.