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.  However the consolidated profit from sales decreased from PLN 1,543 mln to PLN 1,489 mln a 3 percent drop y/y. Grupa Żywiec consists of five main breweries: Żywiec Brewery, Elbrewery, Leżajsk, Warka Brewery and Cieszyn Brewery.