Anadolu Efes swung to net profits in the first quarter of 2010, but weaker demand for beer caused a fall in sales for the period.

Lower demand for beer in the Turkey-based firm’s domestic market was the main reason for a 1.3% drop in net sales for the three months to the end of March, said Anadolu Efes yesterday (11 May). Sales were TRL753.7m (US$493m) versus TRL763.8m in the same period of 2009.

Group beer sales by volume, including the Efes Breweries International business, rose by 2.4% to 4.5m hectolitres.

An 8.6% rise in soft drinks volume sales helped the firm, which bottles The Coca-Cola Co’s drinks in Turkey via Coca-Cola Icecek, to report a total volume sales rise of 5% for the three months.

Anadolu swung to net profits of TRL71.5m for the quarter, compared to losses of TRL25.2m in 2009.

“Despite lower operating profitability due to the challenges in all business lines in 1Q2010, thanks to the
appreciation of local currencies, the turnaround in bottomline was achieved as a result of lower financial expenses and non-cash F/X gains in the first quarter,” said the firm.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Operating profits fell by 37% to TRL77.6m, largely due to lower profitability in beer, the group said.

Subscribe to Just Drinks for just £1 for 1 month

Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.

As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the drinks industry’s trajectory and the priorities shaping the profession.

What’s included in your subscription:
  • Personalized Access: Secure login to Just Drinks
  • Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
  • Case Studies & Deep Dives: Real-world applications and in-depth analyses.
  • Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.

Ready to stay informed?

Subscribe to unlock exclusive content.

Already a subscriber? Sign in to access your account.

Pleasecomplete this form to request more information, and a representative will be in touch shortly.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

Discover the Impact