Kofola CeskoSlovensko a.s. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
September 01, 2023 at 12:19 am EDT
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Kofola CeskoSlovensko a.s. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CZK 2,340.39 million compared to CZK 2,211.23 million a year ago. Net income was CZK 123.15 million compared to CZK 195.1 million a year ago. Basic earnings per share from continuing operations was CZK 5.52 compared to CZK 8.75 a year ago.
For the six months, sales was CZK 4,052.81 million compared to CZK 3,717.12 million a year ago. Net income was CZK 88.22 million compared to CZK 91.74 million a year ago. Basic earnings per share from continuing operations was CZK 3.96 compared to CZK 4.12 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 
