After investing in coffee farms in Colombia and Panama, the Kofola beverage group has decided to acquire a stake in Alta Fermentación. The company owns three microbreweries, a coffee roastery, and a rum distillery in Latin America, and also operates a network of pubs, restaurants, and cafés.
The beverage group Kofola has published its financial results for the third quarter of this year. They show a stable EBITDA and revenues down by 7.5% compared to last year. Lower consumption was significantly influenced by the sugar tax on sweetened beverages introduced in Slovakia, while in the Czech Republic it was mainly the result of variable weather and shifting consumer sentiment.
The beverage group Kofola experienced a cold spring. Predictions of a drop in demand due to tax measures were confirmed, with the second quarter bringing in group revenues of CZK 2.97 billion, and the EBITDA indicator falling by 14.2%. Year-on-year revenue growth was recorded by subsidiaries Radenska Adriatic, LEROS, and UGO, all of which exceeded their targets.
The family-owned beverage company has decided to enter the Slovak market of beverage and food vending machines. Through its partnership with ASO VENDING, owned by the Korček family, Kofola will now operate approximately 8,000 vending machines across Slovakia.
In the first quarter of 2025, the Kofola Group faced a decline in sales across its markets. This was primarily due to regulatory government intervention. Nevertheless, it did not falter and launched attractive new products and strengthened its dynamic growing healthy eating segment. The Group's fragrance pillar also thrived. Balance sheet for the first three months of the year: sales over two billion, EBITDA CZK 162.7 million.
Kofola CzechoSlovakia has published its preliminary financial results for 2024. It confirmed not only excellent sales in the individual countries where it operates, but also a record EBITDA for the entire Kofola Group, which exceeded EUR 74 million. The results for last year confirm the strength of the entire group, its brands and the ability to respond to changing market conditions. In 2025, Kofola's management intends to invest heavily.
The Kofola CzechoSlovakia beverage family managed the main season with a good result. Revenues in Q3 grew by 33% compared to last year, all companies in the group, including the newly integrated breweries, did well. Group EBITDA reached CZK 1.6 billion for the first 9 months of the year. Management promises the outlook for the rest of the year to be at the upper end of the announced range.
The Kofola Group published its financial results for the second quarter, confirming the well-managed operations of this family-owned beverage company. All beverage pillars performed well, with draft beverages experiencing the highest growth among all formats. Considering the successful summer season, Kofola, despite the consequences of the devastating floods, is expected to reach the upper limit of the announced full-year financial result (EBITDA).
The beverage family, which completed two interesting acquisitions in the first quarter, has a busy start to the season. The company has launched the functional mineral water Korunní in a can and also new children's drink Jupík SPARKY. In view of the overall positive outlook, the company decided to submit a proposal to the General Meeting to approve a dividend of CZK 13.50 per share before tax. The EBITDA outlook for 2024 remains unchanged for the time being.
The domestic beverage company has published its results for the first nine months of this year. It has successfully managed to strike an economic balance between falling consumption, rising costs and necessary profitability. The good weather and especially the popularity of Kofola on draught with its original herbal recipe contributed to the sales in the key summer season. The very positive development trend of the UGO division, which focuses on selling fresh juices and healthy meals, also continued.
Kofola ČeskoSlovensko is buying a majority stake in Pivovary CZ Group, which develops the traditional beer brands Holba, Zubr and Litovel. The beverage family can thus enter another category at the regional level in which it can use its business, distribution and marketing know-how. Completion of the transaction, which is subject to the approval of the competition authorities, is expected early next year.
After being heavily involved in growing and processing herbs, family-owned beverage company Kofola has decided to expand its scope to include other beverage ingredients. It will cultivate an apple orchard on nearly 60 hectares in the Úsovsko region, with the aim of growing a special variety of apples needed for cider production in the Czech Republic. In Colombia, Kofola is moving towards co-ownership of 230 hectares of coffee plantations.