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CZECH: Budvar see sales boost in H1

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Budejovicky Budvar has sold 11% more beer in H1 than last year, according to reports.

The company said yesterday (10 July) that according to the Czech Brewing and Malting Association, its H1 results were nearly four times better than the development of the country's entire beer market which has grown by just 3%. Sales of alcohol-free beer, 2% of the Czech brewer's beer output, also rose by 55%, contributing to sales.

Budejovicky Budvar is the third-largest brewer in the country and ranks among the leading Czech beer exporters. Last year, the company boosted its beer output by 5% to 1.151m hectolitres and its exports by 7% to 556,000 hectolitres.

Earlier this year, Budejovicky Budvar signed a US import deal with long-time foe Anheuser-Busch. The two brewers have been fighting over the rights to the Budweiser trademark in countries around the world for almost a century.

In the US, where A-B owns the Budweiser name, Budvar's brand is sold as Czechvar.


Sectors: Beer & cider

Companies: Budejovicky Budvar

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