Żywiec with PLN 27.9 mln net profit in Q1

WSE-listed beer producer Żywiec, subsidiary of Heineken, had a PLN 27.91 million net profit in Q1, down by 53 percent y/y. Revenues amounted to PLN 429.38 million, down by 13 percent. “Lower sales and revenue, were due to overall market decrease, and one-off events such as Easter falling on March in 2016, which boosted last…

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