Kofola Group Exceeds Revenue Target In Full-Year 2019
Czech beverage company Kofola Group has reported a 4.1% year-on-year increase in revenue to CZK 6.41 billion (€249.6 million) in its financial year 2019, exceeding its revenue target for the period.
The business' Czech and Slovak markets generated sales worth CZK 4.43 billion (€160 million), followed by the Adriatic region with CZK 1.25 billion (€46 million), and its new Fresh & Herbs segment with CZK 781 million (€28.60 million).
The beverage company ended the financial year with a profit of CZK 285 million (€10.4 million) from continuing operations.
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