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 to PLN 493.84 million in Q1 2016, while in Q1 2015 the figure stood at PLN 602.5 million. Żywiec Group consists of five main breweries: Żywiec Brewery, Elbrewery, Leżajsk, Warka Brewery and Cieszyn Brewery.