News and current reports
The Kofola Group's revenues and costs grew significantly in the second quarter of the year. Management has therefore refined the annual EBITDA target.
1. 9. 2022
The positive trend in the development of Kofola Group's sales from the first quarter of the year also continued in the second quarter. Sales in this period exceeded expectations, growing by 23% year-on-year, and reaching CZK 3.717 billion in the first six months - CZK 763 million more than in the first six months of last year, and an all-time record. All parts of the Group experienced good growth: Kofola in the Czech Republic and Slovakia, companies in the Fresh&Herbs segment, and the Adriatic region. However, the high sales growth was accompanied by significantly increased costs, led by energy, material inputs, and salary costs. As a result, the Group's operating profit fell by 19% year-on-year in the second quarter. In view of this development, the Group's management refined its estimate of the annual EBITDA target to CZK 1.080 – 1.150 billion. It will also propose to the General Meeting a slight reduction in the dividend to CZK 11.30 per share.
Read moreDividend for 2021
1. 9. 2022
On 1 September 2022, the Board of Directors of Kofola ČeskoSlovensko a.s. ("the Company") decided to submit a proposal to the General Meeting of the Company to approve a dividend of CZK 11.30 per share before tax for the year 2021. Pursuant to the Board of Directors' resolution dated 22 August 2022, which was announced on the Company's website on 23 August 2022, the proposal to distribute the profit for 2021 will be decided by the General Meeting outside the meeting. The draft per rollam decision will be delivered to the shareholders by publishing a notice in the Commercial Bulletin and simultaneously on the Company's website on 5 September 2022.
Read moreConference call invitation 6M22
25. 8. 2022
Kofola ČeskoSlovensko invites to a teleconference to discuss 6M22 results. The teleconference will be hosted on Friday, 2 September 2022 at 10:00 CET.
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