tiprankstipranks
Advertisement
Advertisement

Kakuzi Swings Back to Profit and Doubles Dividend on Strong 2025 Results

Story Highlights
  • Kakuzi reversed a prior-year loss to post KSh 568 million pre-tax profit on higher sales and earnings per share.
  • Stronger cash flows lifted equity and liquidity, enabling the board to double the annual dividend to KSh 16 per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

Kakuzi Ltd ( (GB:KAKU) ) has provided an announcement.

Kakuzi Plc reported a sharp turnaround in its 2025 financial year, posting a pre-tax profit of KSh 568 million versus a KSh 167 million pre-tax loss in 2024, on sales that rose to KSh 5.37 billion from KSh 4.79 billion. Net profit reached KSh 387.6 million, driving total comprehensive income of KSh 391.5 million and lifting basic earnings per share to KSh 19.77 from a loss per share of KSh 6.72, despite ongoing geopolitical headwinds weighing on avocado operations.

The company strengthened its balance sheet, with total equity increasing to KSh 5.57 billion and cash and bank balances climbing to KSh 1.59 billion, supported by robust operating cash flows of KSh 853.2 million. Reflecting the improved performance and liquidity, the board has proposed doubling the first and final dividend to KSh 16 per share for 2025, with shareholder approval to be sought at the annual general meeting scheduled for 20 May 2026 in Nairobi.

Auditors Deloitte & Touche issued an unmodified opinion on Kakuzi’s 2025 audited financial statements and confirmed that the published condensed results are consistent with the full accounts. The audit again highlighted the measurement of biological assets as a key audit matter, underscoring the importance and complexity of valuing the group’s core agricultural operations for investors and regulators.

More about Kakuzi Ltd

Kakuzi Plc is an agricultural company based in Kenya, primarily engaged in the cultivation and export of crops such as avocados and other biological assets. Its operations are closely tied to international produce markets, leaving the business exposed to geopolitical tensions and global trade dynamics that can significantly affect export performance and pricing.

The group’s asset base is largely in non-current agricultural assets and biological assets, supported by strong cash and bank balances. With a sizeable retained earnings position and consistent regulatory compliance, Kakuzi remains a key listed agribusiness player in the Kenyan capital markets, serving both local and international stakeholders.

Technical Sentiment Signal: Strong Buy

Current Market Cap: £47.97M

See more insights into KAKU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1