Locked content Żywiec net profit up 19.2% in Q3

Beer producer Żywiec Q3 revenue grew by about 2 percent to PLN 958.9 million. Consolidated operating profit rose by 12.8 percent to PLN 142.2 million, while net profit attributable to shareholders increased by 19.2 percent to PLN 116.8 million. Favorable weather conditions helped the company to furt...

Locked content Żywiec with PLN 124 mln net profit in H1

WSE-listed beer producer Żywiec, subsidiary of Heineken, had a PLN 123.8 million net profit in H1, down from PLN 134.7 million last year, the company said in a market filing. Revenues amounted to PLN 1.64 billion, compared with PLN 1.58 billion last year. “Very good weather in April and May and addi...

Locked content Żywiec with PLN 4.5 mln net profit in Q1

WSE-listed beer producer Żywiec, subsidiary of Heineken, had a PLN 4.51 million net profit in Q1, down by 83.8 percent y/y. Revenues amounted to PLN 604.45 million, down by 2.2 percent. “Despite unfavorable weather and market conditions, we consistently implement our strategy of value creation. In t...

Locked content Żywiec records PLN 60 mln net profits in Q1

Żywiec Group reported consolidated net profits of PLN 59.83 million in Q1 2016, compared with a PLN 4.11 million loss in Q1 2015, the company announced in a report. The operating profit stood at PLN 43.4 million, versus a loss of PLN 1.62 million one year earlier. Consolidated sale revenues amounted...

Locked content Kuehne + Nagel lands contract with Żywiec

Logistics company Kuehne + Nagel was awarded a five-year contract for the nationwide distribution of products from the Żywiec Archduke Brewery, part of Żywiec Group, one of the largest beer producers in Poland. “In the difficult and demanding beer market, we believe that Kuehne + Nagel will su...

Locked content Grupa Żywiec sells Distribev

Grupa Orbico has purchased an 80 percent stake in retail distributor Distribev,  part of Grupa Żywiec, the media reported. The stake’s approximate value stood at PLN 96 million. Anti-monopoly watchdog UOKiK has already approved the transaction. Orbico is a distributor of a large number of bran...

Locked content PLN 92 million loan to build hospital in Żywiec

A consortium of banks has lent Upper Finance Med Consulting PLN 92 million to build and equip a hospital in Żywiec, which is realized by InterHealth Canada. Th loan of PLN 92 million, with the possibility to increase it up to PLN 135 million has been provided by a consortium of the following banks: ...

Locked content Grupa Żywiec with 87,15 mln net profit in H1

Heineken-owned Polish beer producer, Grupa Żywiec, noted an increase in profits in the first half of 2015. It made PLN 87,15 million consolidated profit as opposed to the PLN 27,78 million from the year before. Moreover the operational profit doubled compared to 2014 and amounts to PLN 112,16 mln.  ...

Locked content Żywiec to sell its stake in Distribev

Grupa Żywiec have sold an 80 percent stake in its subsidiary Distribev to Orbico, a logistics company registered in Croatia. The value of the contract stands at PLN 96 million. The takeover will be finalized once conditions outlined in the deal are met. Grupa Żywiec consists of five main breweries: ...

Locked content Grupa Żywiec net loss shrinks

Grupa Żywiec reported a consolidated net loss of PLN 4.11 million in Q1 2015, compared with PLN 42.16 million in Q1 of the previous year, the company informed. The company’s operating net loss amounted to PLN 1.62 million in Q1 2015, versus PLN 42.45 million in Q1 2014. Sales revenues stood at...