News and current reports
Notice of the conclusion of an amendment to Facilities Agreement
24. 6. 2022
The General Meeting of Kofola ČeskoSlovensko a.s. (“Kofola“) has approved on 23 June 2022 a conclusion of an Amendment 5 to Facilities Agreement dated 3 August 2017 with Česká spořitelna, a.s. and Československá obchodní banka, a. s. The subject of this amendment is, in particular, a conversion of part of the facilities to EUR, a change in interest rates, providing of a new facility which can be drawn up to CZK 1,000,000,000, a new repayment schedule and the accession of Kofola´s Slovenian subsidiary RADENSKA d.o.o as an additional debtor. Subsequently, on the same day, the Amendment 5 has been concluded.
Read moreInclusion of a matter on the agenda of the General Meeting
8. 6. 2022
AETOS a.s. acting in the capacity of qualified shareholder of the company Kofola ČeskoSlovensko a.s. (“Company”) in accordance with the provisions of article 369 para. (1) and (2) of Act No. 90/2012 Coll, on Commercial Companies and Co-operatives requested on 3 June 2022 that the Board of Directors of the Company adds a new item 6. to the agenda of the General Meeting convened for 23 June 2022 at 9:00 a.m. with the title “Approval of the amendment No. 5 and restatement agreement to the facilities agreement dated 3 August 2017”. On 6 June 2022, the Board of Directors of the Company added this new item to the agenda of the Company's Annual General Meeting.
Read moreThe first quarter of the year was marked by significant year-on-year sales growth for the Kofola Group
1. 6. 2022
The end of the pandemic measures and the opening of the market helped the Kofola Group to a significant year-on-year growth of 30% in sales for the first quarter to CZK 1.506 billion. The fact that this trend started at the beginning of the year and is stable is positive. Sales are matching and, in selected segments, even exceeding the pre-Covid sales of 2019. The Group has offset the significant increase in costs with financial discipline and a partial price increase, which have ensured that it continues to meet this year's financial plans. Based on the year to date, Kofola's management confirmed its original estimate for this year's operating EBITDA in the range of CZK 1.080 – 1.200 billion.
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