With the exception of the session and persistent cookies required to ensure the website use safety and session cookies required for the purpose of age verification, we save cookies on your device only if you consent to it. By clicking the “Accept” button you agree to saving cookies on your device and using them for analytical purposes as well as in order to ensure the comfort of using the website.
Profit growth against tough market backdrop
Margins improved in Poland and market leading positions maintained in key markets
Continued to successfully grow business footprint in the region through targeted acquisitions and the sale of non-core assets
Significant brand & NPD investment during the year to continue portfolio expansion
Chris Heath, Chief Executive Officer of Stock Spirits Group said:
"I am delighted that we have been able to deliver another very strong set of results in 2012, continuing an unbroken record of profit growth each year since the formation of the Group. Faced with on-going difficult economic conditions, significant input cost increases, and the temporary spirits ban in the Czech Republic, we were well positioned in 2012 to capitalise on the strength of our brands and distribution platform to deliver superior results by taking the lead on market pricing and managing our product and marketing mix to deliver strong margin growth."
"We are particularly pleased to have extended the leading positions for most of our core brands in our key markets, and to have continued with our successful track record of launching new products across the region."
"We remain confident that the Group is well placed to take advantage of opportunities to grow the business further in 2013 and beyond"
← Read other articles