Kakuzi Ltd. provided earnings guidance for the year ending December 31, 2012. The group currently forecasts that earnings for financial year 2012 may be at least 25% lower than those of financial year 2011. This anticipated drop in full year earnings is, in part, as a result of: downward pricing pressure for its export crops due to recessionary trends particularly in Europe and the strengthening of Kenya Shilling against the Euro from an average of KES 134 in the second half of financial year 2011 to around KES 108 in financial year 2012; an exceptional release of a provision amounting to KES 109 million, as a result of the withdrawal of the Delmonte Kenya Limited claim, made in financial year 2011; the completion of the sale of the subsidiary company, Siret Tea Company Limited, on August 31, 2012 resulting in only eight months of trading being consolidated in 2012.

The group is taking all necessary measures to maintain the group's profitability and positive cash flow for the financial year 2012.