Central European Distribution Corporation

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US: Sales, profits rise at CEDC in Q1

7 May 2010

Central European Distribution Corporation has posted a doubling of operating profits on the back of strong sales in the first quarter of 2010.

POLAND: CEDC sells Polish distribution arm

9 Apr 2010

Central European Distribution Corporation (CEDC) has agreed to sell its drinks distribution business in Poland to wholesale distributor Eurocash SA for PLN400m (US$138m) cash.

US: CEDC swings to FY profits, lowers 2010 guidance

1 Mar 2010

Central European Distribution Corporation has reported a return to profits for its 2009 full-year, but the drinks group has lowered sales and earnings guidance for 2010.

US: CEDC secures Zubrowka tie-up with Remy Cointreau

15 Jan 2010

Central European Distribution Corporation has signed up the US arm of Remy Cointreau to import is Zubrowka vodka brand into the country.

US/E EUROPE: CEDC gets Russian Alcohol Group voting share okay

4 Jan 2010

Central European Distribution Corporation has secured the go-ahead to take voting control of Russian Alcohol Group, having spent 2009 acquiring the company from private equity firm Lion Capital.

US: Central European Distribution Corporation prices note offering

26 Nov 2009

Central European Distribution Corporation (CEDC) has detailed the pricing of its senior secured notes offering.

US / POLAND: CEDC seeks to finance Russian Alcohol buyout

13 Nov 2009

Spirits group Central European Distribution Corporation (CEDC) has commenced a public offering of 9.5m shares of its common stock, as it looks to raise finance for its acquisition of Russian Alcohol.

US: Russian Alcohol Group boosts CEDC in Q3

5 Nov 2009

Central European Distribution Corporation has posted a huge leap in profits for its third quarter.

US: CEDC revises sales forecasts upward

12 Oct 2009

Central European Distribution Corporation has raised its full-year guidance for 2009, following its purchase of additional equity interests in Parliament and the Russian Alcohol Group.

US / POLAND: CEDC completes Parliament vodka buyout

28 Sep 2009

Central European Distribution Corporation (CEDC) has completed its acquisition of the remaining 15% minority interest in Copecresto Enterprises Ltd, owner of the Parliament vodka brand.

just the round-up - The week in drinks

7 Aug 2009

The top ten stories published on just-drinks this week:

Insight - CEDC warns of slow vodka turnaround, lines up Russian releases

5 Aug 2009

Central European Distribution Corporation (CEDC) has warned that vodka volumes in its key market of Russia are not expected to pick up until the final quarter of this year.

US: Russian Alcohol Group helps boost Central European Distribution Corp Q2

5 Aug 2009

Central European Distribution Corporation (CEDC) has posted a marked increase in second quarter net profits, thanks to the inclusion of the performance of The Russian Alcohol Group (RAG).

US: CEDC launches 8.2m share offering

13 Jul 2009

Central European Distribution Corporation has launched a common stock offering, following its acquisition a year ago of a stake in The Whitehall Group.

NZ/UK: E&J Gallo Starborough launches in UK

5 Jun 2009

Global wine producer E&J Gallo Winery has unveiled the latest addition to its UK portfolio, extending its reach into New Zealand.

just the round-up - The week in drinks

15 May 2009

The top ten stories published on just-drinks this week:

UK/RUSSIA: E&J Gallo readies Russia roll-out with CEDC

12 May 2009

E&J Gallo is looking to enter Russia later this year.

US: Currency woes weigh on CEDC in Q1

6 May 2009

Central European Distribution Corporation has posted a dip in sales for the first quarter of this year, with net profit turning into a loss for the period.

US: CEDC signs deal to buy Russian Alcohol, cuts profits guidance

27 Apr 2009

Central European Distribution Corporation has signed a deal with private equity group Lion Capital that will see it take full control of vodka producer Russian Alcohol within five years.

US/POLAND: CEDC swings to loss on currency charges

2 Mar 2009

Central European Distribution Corp (CEDC), the wine and spirits group, has reported a loss of US$16.6m for 2008, but said that it was confident of increasing sales in 2009.

POLAND: CEDC refinances short-term debt

25 Feb 2009

Central European Distribution Corporation has signed a deal to refinance PLN240m (US$66m) of its short-term debt.

US: Exchange rates pull back CEDC 2009 forecasts

3 Feb 2009

Central European Distribution Corporation (CEDC) has lowered its full-year sales and profit guidance for 2009, on the back of weakening local currencies.

US: CEDC agrees debt refinancing

11 Dec 2008

Central European Distribution Organisation, the wine and spirits group, has said it has signed a deal to refinance its short-term debt, enabling it to continue investing in key growth markets.

US: CEDC revenue leaps in Q3, currency charges hit profit

10 Nov 2008

Central European Distribution Organisation, the wine and spirits group, has reported a 51% rise in third quarter revenues, but saw profit hit by curreny charges.

US: Vodka brands fuel CEDC Q3 sales jump

27 Oct 2008

Spirits group Central European Distribution Corporation has said it expects third quarter revenue to rise by 50%, reflecting strong growth in Poland and Russia.

US: CEDC reaffirms full-year forecasts

19 Sep 2008

Fast-expanding spirits group Central European Distribution Corporation has reaffirmed its 2008 full-year sales and earnings guidance, as well as forecasts for 2009.

US: CEDC continues upward trends in H1

5 Aug 2008

Central European Distribution Corporation has posted a healthy lift in both sales and profits for the first half of this year.

just the round-up - The week in drinks

11 Jul 2008

This week InBev and Anheuser continue to keep the pages ticking over on just-drinks. Amongst the other stories at the top of the most read pages were reports on C&C, an interview with Carlsberg's CEO and news from Pepsi's marketing division.

US: CEDC closes Russian Alcohol buy, ups FY guidance

10 Jul 2008

Central European Distribution Corporation (CEDC) has completed its purchase of a stake in the Russian Alcohol Group, and has subsequently revised its full-year guidance upwards.

UK: CEDC announces common stock offering

19 Jun 2008

Central European Distribution Corporation (CEDC) has announced the public offering of 3,125,000 shares of its common stock.

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