Kofola CeskoSlovensko a.s. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 24, 2021 at 02:24 am
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Kofola CeskoSlovensko a.s. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was CZK 5,067.71 million compared to CZK 4,833.41 million a year ago. Net income was CZK 292.91 million compared to CZK 224.09 million a year ago. Basic earnings per share from continuing operations was CZK 13.14 compared to CZK 10.05 a year ago.
For the nine months, sales was CZK 2,114.04 million compared to CZK 2,080.48 million a year ago. Net income was CZK 262.14 million compared to CZK 306.54 million a year ago. Basic earnings per share from continuing operations was CZK 11.76 compared to CZK 13.75 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 
