Flame Tree Group Holdings Ltd

Flame Tree Group Holdings Limited is a leading regional manufacturing group listed on the Nairobi Securities Exchange (NSE: FTGH) with operations across East Africa and the Middle East. Founded in 1989, the company specializes in manufacturing and distributing consumer goods and industrial products, including water storage solutions (Roto tanks and HDPE pipes), health and beauty products (Zoe, Alana, Cerro, and Suzie Beauty), food and snack products (Chirag Africa's spices and peanuts), industrial plastics, packaging solutions, and children's play equipment.

The company operates subsidiaries in Kenya, Rwanda, Ethiopia, Mozambique, and the United Arab Emirates, serving millions of consumers annually across these markets. Flame Tree Group is recognized as an industry leader particularly in the water storage and sanitation sector, where it commands strong market share in Kenya, Rwanda, and Ethiopia. Its fast-moving consumer goods (FMCG) division has experienced rapid growth, with brands like Zoe and Alana dominating the beauty and personal care market in the region.

As of the 2023 Annual Report, Flame Tree Group reported total revenue of KES 4.46 billion, gross profit of KES 1.55 billion, and EBITDA of KES 421.4 million, demonstrating resilience despite economic challenges with an 11% increase in revenue and over 410% improvement in EBITDA compared to the previous year.