KOMPANIA PIWOWARSKA, increased its lead in the beer industry in Poland
30 January 2007
1. SALES RESULTS AND MARKET SHARE
During the twelve months of 2006 (1 January – 31 December) Kompania Piwowarska beer sales exceeded 12.4 million HL, representing growth of 10.7% against the prior year. While growth was consistent through the year, exceptionally strong sales results were achieved during the summer season, when the entire beer industry experienced very good weather conditions.
In the 4th quarter (October – December), after the high season, KP’s sales performance remained robust, almost maintaining summer levels, with the total sales for the quarter amounting to 2.8 million HL ( ie growth against 4th quarter of the previous year, of 14.5%).
Within the year Kompania Piwowarska increased its share of the domestic beer market by 1.3% up to 38.3% share.
Export sales grew by over 300% with export volumes of over 180 thousand HL. The main markets for export sales were the UK, Germany, Ireland and the US, i.e. countries with substantial Polish communities. Kompania Piwowarska has become the largest exporter of Polish beer, with Tyskie and Lech the best selling Polish beer brands abroad.
|Beer industry domestic beer sales in 2006(HL)||32.5 M|
|Beer industry domestic sales growth in 2006||7.3%|
|KP domestic beer sales in 2006 (HL)||12.4 M|
|KP domestic sales growth in 2006||10.7%|
|KP’s share of the domestic market in 2006||38.3%|
|KP exports in 2006 (HL)||180 THOU|
|KP export growth in 2006||330% |
2. MANAGING DIRECTOR’S COMMENT
Mark Bowman, Managing Director of KOMPANIA PIWOWARSKA said:
“Last year’s good performance of the brewing industry reflected favourable operating conditions with factors such as the World Cup, the warm summer, as well as improvements in consumer disposable contributing in equal measure. We are very pleased with our performance which we ascribe to the increasing relevance of our brands resulting from deliberate marketing investments, and to the strong support of our trading partners and customers. In addition, based on our longer term growth expectations, we have invested PLN 185 million in expanding our Tyskie brewery, and have developed new sales and distribution facilities in Wrocław, Rzeszów and Lublin.
We expect the market growth to continue for 2007, albeit at a slower pace, and we are hopeful that our current positive market momentum can be maintained.“
Note to editors
Kompania Piwowarska – the leader of the Polish beer industry
Kompania Piwowarska is the biggest and the most profitable brewer in Poland. Hundreds of years of experience in beer brewing, state-of-the-art technology and rigorous adherence to the World Class Manufacturing rules guarantee the products’ highest quality. The company’s product portfolio includes TYSKIE (Pole’s favourite beer), ŻUBR (second largest beer brand in the country), LECH, Dębowe Mocne, Pilsner Urquell, Redd's, Dog in the Fog, Miller Genuine Draft and Peroni Nastro Azzuro. Kompania Piwowarska was established in 1999 as a result of a merger of Tyskie Brewery and Lech Brewery Wielkopolski. In 2003 Kompania was joined by Dojlidy Brewery at Bialystok.
In the fiscal year ended on 31 March 2006 Kompania Piwowarska generated net profits of PLN 570 mill on sales worth PLN 3.8 billion.
SABMiller – the world’s second largest brewer
Kompania Piwowarska is part of the world’s second largest beer producer - SABMiller plc. At present the Group is operating in over 60 countries on five continents. The company’s portfolio includes over 120 potent brands (Pilsner Urquell, Miller Genuine Draft, Peroni Nastro Azzurro or Castle Lager). In many countries SABMiller Group enjoys the leader’s position on the beer market. SABMiller plc is also the biggest bottler of Coca-Cola in the world, excluding US.
SABMiller plc is listed on the London and Johannesburg Stock Exchanges.
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