
(3 Minutes Read)
The company posted consecutive losses between 2021 and 2023 before returning to profit in FY2024. The FY2025 performance reinforces the challenges of a valuation-heavy earnings model, particularly in real estate, where non-cash gains once drove peak profits.
In a bid to shore up shareholder returns, Centum retained its KSh 0.32 per share dividend, amounting to KSh 210 million. It also repurchased 150,800 shares at KSh 9.03 each, fulfilling just 0.23% of its October 2024 buyback authorization by June 2025.
The group monetized part of its Sidian Bank stake, cutting ownership from 40.03% to 29.26% through a combination of partial sales and dilution during a KSh 1.9 billion rights issue. The proceeds contributed to KSh 3.1 billion in free cash flow, helping reduce debt and fund shareholder distributions.From Billion-Shilling Profits to Volatility
The company posted consecutive losses between 2021 and 2023 before returning to profit in FY2024. The FY2025 performance reinforces the challenges of a valuation-heavy earnings model, particularly in real estate, where non-cash gains once drove peak profits.
Read Also;
https://trendsnafrica.com/kenya-reports-10-growth-in-corporate-tax-collection/
Still, with Centum’s pivot toward real cash generation, leaner debt, and strategic capital recycling, FY2026 could offer a more stable path forward, if market volatility and tax changes remain contained.