FINLAND: Olvi sales fall as soft drinks struggle
The Finnish brewer and soft drink producer Olvi plc, part of the Olvi Group, said yesterday that its 2003 total sales amounted to 97m litres, which was 4.9% less than a year earlier. The decrease, said Olvi, was mainly due to the company’s choice of not engaging in price competition in the domestic soft drinks market. Operating profit was €5.2m.