GERMANY: Gerolsteiner holds steady for 2006
Gerolsteiner Brunnen has posted a slight lift in full-year sales.
The German mineral water company, controlled by local brewer Bitburger, said yesterday (1 February) that volumes in 2006 were up 5.3%, coming in at 7.1m hectolitres. In value terms, sales increased by 7.7% to around EUR208.8m (US$271.5m).
Gerolsteiner credited its performance to a strong turnout from new products launched over the last three years. The company also said that it will continue with NPD in 2007, with a new drink set to be launched this summer.
On the export front, the company saw sales rise slightly, by 1.9% in the year. Gerolsteiner exports to 34 countries, and entered twelve new countries, including Japan, in 2006.
While Bitburger holds a 51% stake in the company, the Buse Group Bad Hoeningen has 33%, while 16% of shares are in private ownership.
- Coca-Cola pressure builds as bid rumours swirl
- Comment - Diageo Making the Best of a Bad Job?
- Gin: Plymouth's from Plymouth, London's from...?
- Comment - IPO Launch a Tonic for Fever-Tree
- How Modern Marketing Compounds My Twitter Shame
- NPD - Moët Hennessy’s Glenmorangie Dornoch
- Pernod blames rule changes for Plymouth GI drop
- William Grant unveils bespoke Glenfiddich website
- China to axe duty on Australian wine
- Anheuser-Busch InBev cuts jobs in US shake-up
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Early Signals: future scenarios that will drive consumption and product innovation over the next five years
- The IWSR Global Trends Report 2014
- Global Beer Opportunities: Beyond Standard Lager
- Global Cognac insights - market forecasts, product innovation and consumer trends research