Russia: SUN Interbrew announces its financial results for twelve months of 2005
SUN Interbrew Limited, the leading brewer in Russia and Ukraine, announced on April 27 its financial results for twelve months of 2005 ended 31 December 2005.
Operational Highlights
-Net turnover was up by +29.4% vs. FY2004
-Net Profit in FY2005 was up by +8.1% vs. previous year
In Russia, the market growth was 6.3%, while Sun Interbrew’s domestic beer volumes grew by +20.9% vs. the same period last year.
In Ukraine, the market grew +24.3%, with Sun Interbrew beer volume growing +25.2%.
SUN Interbrew ended the year in both countries with record market shares: 17.8% in Russia and 35.8% in Ukraine.
Good sales results achieved in the 2005, despite the increased competition in Russia and slower market growth, confirm the chosen strategy. We believe that with the continued strong innovations introduced on the markets we will be able to outperform the competitors and expand our share in both countries in 2006.
SUN Interbrew Limited is the second largest brewer in Russia and the largest brewer in Ukraine. The company was set up in 1999 as a strategic partnership between InBev, the No. 1 global brewer, and the SUN Group, operating in the region since 1958, and in the beer sector of Russia and CIS since the beginning of 1990s.
The company’s main brands are Stella Artois®, Beck’s®, Staropramen®, BRAHMA®, Klinskoye, Sibirskaya Korona, and Tolstiak in Russia, and Stella Artois®, Beck’s®, Chernigivske, Rogan, Taller and Yantar in Ukraine.
SUN Interbrew is a public company registered in Jersey, whose shares are listed in Luxembourg and traded on the Luxembourg, Frankfurt and Berlin stock exchanges.
Wstecz
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