News and current reports

Kofola group sales, excluding the Polish segment, have risen by 7 % since the beginning of the year, with the Polish segment the group has risen by 2.3 %. The EBITDA indicator has risen by 18.2 % since the beginning of the year and the EBIT indicator has risen even by 39 %. In August, the sales exceeded the monthly billion threshold of sales for the first time in history.

“This year it has been exactly 25 years since the first drink we made in Krnov and when we look back it is almost unbelievable what the company has achieved during the quarter century,” says Jannis Samaras, Kofola group CEO, and he continues: “We manage to fulfil our plans and goals. I consider the season to be extremely successful. Of course, also the weather helped us with the growth, but we are most pleased with the growth of the HoReCa segment market share. From the corporate perspective, the significant increase in the liquidity of our shares after our equity partner left us is a milestone. I believe, that our effort will soon be reflected in the attractiveness of Kofola for investors.”

On the Czech market the group has increased its sales by 10.1 % year-on-year, while the Czechs were traditionally buying Kofola, Rauch and Vinea brands the most. The Slovak market has contributed by sales higher by 3 %, while Rajec brand significantly influenced the sales. The sales of the fastest growing brand in the Kofola portfolio, UGO brand, have risen by means of 79 Fresh bars and Salaterias by 15.6 %. In the Adriatic region the group is still very successful, which was reflected by sales higher by 5.2 % year-on-year.

A chess castling in the management

Apart from the economic results, the group has also announced changes in management. Jannis Samaras was sitting on the two top chairs and was managing both the whole Kofola group and directly Czechoslovak activities. Because of the group growth and higher importance of individual entities he has decided to keep only one of them and as a born visionary and strategist he has chosen the direction of the group.

He left the vacant chair of the Kofola CEO in CzechoSlovakia for previous CFO Daniel Buryš, who has proved his soul of a businessman during his eight-year activity with the Kofola team, and from November, he can fully put it into effect while managing the activities on Czechoslovak market.

“Daniel Buryš will devote himself to our most important entity and give it all his attention that it deserves. Thanks to this change I will gain space for concentrating on the future and direction of the whole group. There are great challenges ahead of us and it is necessary to get ready for them as good as possible,” Jannis Samaras comments his decision.

The position of Kofola group CFO will become a domain of Pavel Jakubík, who worked for Kofola on the position of a financial manager and member of supervisory board for 10 years and so he is not any novice in the financial area.

The company also announced that the General Meeting will take place on 30th November. The main topics will be not only the change of the company articles of association, but also appointing the members of audit committees and the supervisory board.

Apart from the economic results, the group has also announced changes in management. Jannis Samaras was sitting on the two top chairs and was managing both the whole Kofola group and directly Czechoslovak activities. Because of the group growth and higher importance of individual entities he has decided to keep only one of them and as a born visionary and strategist he has chosen the direction of the group.

He left the vacant chair of the Kofola CEO in CzechoSlovakia for previous CFO Daniel Buryš, who has proved his soul of a businessman during his eight-year activity with the Kofola team, and from November, he can fully put it into effect while managing the activities on Czechoslovak market.

“Daniel Buryš will devote himself to our most important entity and give it all his attention that it deserves. Thanks to this change I will gain space for concentrating on the future and direction of the whole group. There are great challenges ahead of us and it is necessary to get ready for them as good as possible,” Jannis Samaras comments his decision.

The position of Kofola group CFO will become a domain of Pavel Jakubík, who worked for Kofola on the position of a financial manager and member of supervisory board for 10 years and so he is not any novice in the financial area.

The company also announced that the General Meeting will take place on 30th November. The main topics will be not only the change of the company articles of association, but also appointing the members of audit committee and the supervisory board.

Further information can be found in section Reports and presentations.