CZECH: Stock Plzen-Bozkov spirits sales rise
Stock Plzen-Bozkov, the largest distiller in the Czech Republic with a 40% market share, has reported a rise in volume sales in 2009.
The group sold 28m litres of spirits during the 12 months of 2009, 5% more than the year before and a company record.
The growth was credited in part to stockpiling by retailers and distributors prior to a rise in value added tax and excise duty on 1 January.
Were it not for the rise of the two taxes, growth in volume sales would only have been 2% according to the distiller's managing director, Petr Pavlík.
However, Czech retailers now have warehouses full of spirits and first quarter sales of the current year will, therefore, likely fall against a year earlier, Pavlík predicted.
- When BRIC markets go horribly wrong
- What's coming up in spirits in 2017? - Comment
- Remy Cointreau's YTD performance - Focus
- Remy Cointreau's bellwether Q3 - analysis
- What's coming up in beer in 2017? - Comment
- Diageo closes spirits e-commerce portal in UK
- A-B InBev acquires Spain's Cervezas La Virgen
- Home entertaining offers drinks opp's - Diageo
- AB InBev targets South Africa with redundancy plan
- Pernod Ricard gives Beefeater 24 packaging revamp
- Global vodka insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global gin insights - market forecasts, product innovation and consumer trends
- Opportunities in Craft Spirits
- Global Cognac insights - market forecasts, product innovation and consumer trends