11. 5. 2017

Kofola Group Financial Results in 3M2017: sales in line with expectations, fresh food segment is growing

In accordance with the expectations of the Kofola management, the Group's sales dropped by 8.4% during the first three months, but excluding the economic results in Poland, the sales grew by 0.4%. The Group's EBITDA result was lower by 48.7% for the first quarter. The UGO brand has made the biggest jump up within the Group's portfolio, proving its very strong potential with its sales results year-on-year growth by 31%, i.e. by EUR 702 thous. In June 2017, Kofola plans to support the growth of the UGO brand by acquisition of a fresh salad producer. That should help the brand to better cover the present demand for healthier food.

Further information can be found in section Reports and presentations.

Kofola CeskoSlovensko AS published this content on 11 May 2017 and is solely responsible for the information contained herein.
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