GERMANY: Henkell & Sohnlein 2005 sales up - just
Henkell & Sohnlein has posted a slight rise in turnover for last year.
The German sparkling wine group said yesterday (22 March) that sales for 2005 were up by 6.6% year-on-year to EUR505.3m (US$609m). In volume terms, the company sold 207m bottles in the period, 135m of which were sparkling wine, representing a 2% increase overall, and 4.5% for sparkling wine.
Going forward, Henkell & Sohnlein is aiming for an increase in turnover this year of between 2% and 3%.
The company is also considering acquisitions in Eastern Europe, according to a report in Financial Times Deutschland.
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