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Coca-Cola HBC Romania posts sales 23% higher in 2007

Publicat la 14.02.2008, 13:04:00

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Coca-Cola HBC Romania posts sales 23% higher in 2007

The volume of sales rose last year by 16 percent, to 958.3 mln packs, from 828.7 mln packs in 2006 on emerging markets such as Armenia, Belarus, Bosnia and Hertzegovina, Bulgaria, Macedonia, Moldova, Montenegro, Nigeria, Romania, Russia, Serbia and Ukraine.

The volume of regional sales advanced 9 percent, to 224.7 mln packs, in the final quarter of 2007.

Emerging markets contributed some €296 mln to the group’s profit before interest and taxes (EBIT).  In Q4, regional EBIT profit rose 46 percent to €32.6 mln.

Total revenue from sales by the group advanced 15 percent, to €6.46 bln, while EBIT profit, calculated in comparable terms, rose 22 percent, to €702 mln.  In Q3, the group had an 8 percent increase in volume, to €465 mln packs, and a 10 percent advance in revenue, to €1.45 bln.  EBIT profit increased 37 percent, to €86.6 mln.

Coca-Cola HBC is present in 27 European and African countries, and it administers seven factories in Romania in Bucharest, Ploiesti, Iasi, Timisoara, Oradea and Vatra Dornei.

 

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