Coverage of high-potential mid-market firms in Poland

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Zywiec generates PLN 27.9mn despite downturn in revenues Q1

TAG'S:

 Q1 2017Q1 2016Q1 y/y
  PLN mln PLN mln %
Revenues 429,4 493,8 -13,1
Operating profit 39,4 43,4 -9,1
Attrib. Net Profit 27,9 59,8 -53,4
 

Zywiec booked a PLN 36.1 mln Q1 profit on the sale of distribution unit Distribev.

 

Zywiec maintained its market share in terms of value in Q1 and increased its sales in premium beers segment, management said in an accompanying comment. In the coming months Zywiec will continue to strengthen its position in the premium segment and strive to increase internal efficiency, among others, they said.

 
 

2017-04-19



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