Kofola CeskoSlovensko a.s. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
September 02, 2022 at 10:55 am IST
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Kofola CeskoSlovensko a.s. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CZK 2,211.23 million compared to CZK 1,798.31 million a year ago. Net income was CZK 195.1 million compared to CZK 134.08 million a year ago. Basic earnings per share from continuing operations was CZK 8.75 compared to CZK 6.01 a year ago.
For the six months, sales was CZK 3,717.12 million compared to CZK 2,953.67 million a year ago. Net income was CZK 91.74 million compared to CZK 30.77 million a year ago. Basic earnings per share from continuing operations was CZK 4.12 compared to CZK 1.38 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%).