Leading brewer is toast of shareholders as profits are reserved for dividend

The net result is 3% better on the previous year, while revenues grew by 12% and amounted to zł.3.36 billion. "Our profits stand for 75% of all the sector's profits in Poland. I expect to see the result improve this year by another 15%," said Karl Lippert, KP director general. According to the Central Statistical Office (GUS), the brewing concern controls around 35% of the domestic beer market, with over 10.3 million hectoliters of beer sold last year. The whole profit is earmarked for dividends, which will go to two main shareholders – SABMiller and Euro Agro Centrum controlled by Kulczyk Holding. In the past four years the company has paid the shareholders zł.1.6 billion as dividends. In the coming years investments worth a total of zł.280 million are planned. (Puls Biznesu, p. 7) A.K.