Kofola Ceskoslovensko A.S. Reports Earnings Results for the Second Quarter Ended June 30, 2021
September 03, 2021 at 05:44 am EDT
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Kofola CeskoSlovensko a.S. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was CZK 1,798.305 million compared to CZK 1,463.602 million a year ago. Operating income was CZK 231.333 million compared to operating loss of CZK 9.476 million a year ago. Net income was CZK 134.080 million compared to net loss of CZK 73.507 million a year ago. Basic earnings per share from continuing operations was CZK 6.01 compared to basic loss per share from continuing operations of CZK 3.3 a year ago. For the half year, sales was CZK 2,953.671 million compared to CZK 2,752.923 million a year ago. Operating income was CZK 162.791 million compared to operating loss of CZK 39.707 million a year ago. Net income was CZK 30.770 million compared to net loss of CZK 82.450 million a year ago. Basic earnings per share from continuing operations was CZK 1.38 compared to basic loss per share from continuing operations of CZK 3.7 a year ago.
Kofola ?eskoSlovensko a.s. is one of the leading producers of soft drinks in Europe. Net sales break down by family of products as follows:
- soft drinks (38.1%): Kofola, Vinea, Hoop Cola, etc. ;
- bottled waters (33.4%): table water (Radenska and Rajec brands);
- non-carbonated beverages (9.1%);
- syrups (7.7%): Jupi and Paola brands;
- fresh drinks and salads (3.7%);
- other (8%): including energy drinks, isotonic drinks, tea, coffee, juices and smoothies.
At the end of 2021, the group operated 11 production sites located in Europe.
Net sales break down geographically as follows: Czech Republic (54.5%), Slovakia (25.1%), Slovenia (11.4%), Croatia (5.6%), Poland (1.4%) and other (2%).
KOFOLA CESKOSLOVENSKO 
