BELUGA GROUP announces its operational results for the 3Q and 9 months 2017
BELUGA GROUP - the largest spirits company in Russia, today announces operational results for the 3Q2017. The Company’s overall sales decreased by 3% and amounted to 3,376 thousand 9L cases comparing to 3,511 thousand 9L cases reported in the 3Q2016. For the 9 months 2017 this indicator raised by 5% up to 9,537 thousand 9L cases comparing same period of 2016 (9,102 thousand 9L cases).
The sales of its own Group’s products in the 3Q2016 decreased by 6% and amounted to 3,123 thousand 9L cases comparing to 3,333 thousand 9L cases reported in the 3Q2016. At the same time for the 9 months 2017 this indicator increased by 3% up to 8,869 thousand 9L cases comparing same period of 2016 (8,639 thousand 9L cases).
Following the results of the 3Q2017 the Company increased the volume of its import and export operations. The distribution of import brands boosted by 45% to 252 thousand 9L cases. Export of the Group has grown by 31% and reached 113 thousand 9L cases. For the 9M2017 those indicators increased by 44% and 33% respectively to 668 and 304 thousand 9L cases.
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Additional information:
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Prokhor Malyutin PR Director
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BELUGA GROUP |
tel: +7 495 510 26 95 fax: +7 495 510 26 97
e-mail: malyutin@belugagroup.ru |
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Sergey Kuptsov Director, Corporate finance |
BELUGA GROUP |
tel: +7 495 510 26 95 fax: +7 495 510 26 97
e-mail: ir@belugagroup.ru |
About BELUGA GROUP:
BELUGA GROUP is the leading spirits Group in Russia with a 16% share of the legal vodka market in Russia. The Company`s strategic focus lays on production and distribution of alcoholic beverages. BELUGA GROUP is #1 Russian independent importer of spirits. BELUGA GROUP possesses its own distributional platform, ensuring the largest possible market coverage, and diversified portfolio of brands, addressing market demands across the full spectrum of price points, from the low-middle to the super-premium price segments.
The Company`s brand portfolio includes super-premium vodka Beluga, premium vodka Veda, sub-premuim vodkas Myagkov and Russky Lyod, middle price vodka Belenkaya, low-middle vodka Gosudarev Zakaz, brandy Zolotoy Reserv, Staraya Gvardia, Bastion. The Company operates six spirits production plants and one of the largest distributional platform in Russia. BELUGA GROUP is the exclusive distributor of one of the global premium spirits producer William Grant & Sons, representing in Russia such brands as Scottish whisky Glenfiddich, Grant’s, Clan McGregor, The Balvenie, gin Hendrick’s and Irish whisky Tullamore Dew. In addition to this, the Company distributes also the products of French house of Camus cognac. Also the imported portfolio of BELUGA GROUP includes Ron Barcelo rum, and Sambuca liqueurs, Milagro tequila, absinthe Xenta, Buffalo Trace and Benchmark
bourbons, brandy Torres and the balms line of Latvijas balsams, Cono Sur wines.