In the first nine months of 2020 Kofola generated CZK 4.83bn in
revenues. Operating profits increased by 0.9 % y/y to CZK 454.6m.
EBITDA increased by 5.3 % to CZK 905.8m. In 3Q alone it generated
CZK 2.08bn in revenues (+11.8 %). Operating profits totaled CZK
399.8m (+37.5 %) and EBITDA reached CZK 556.7m (+27.8 %).
Kofola created a reserve for economic fluctuations related to the
second wave of the pandemic. General manager Jannis Samaras
stated that in the Czech Republic and Slovakia revenues in 3Q
increased by 21.4 % y/y. This result was aided by the acquisition of
mineral waters Ondrášovka and Korunní. Kofola is also seeing
a share increase in the case of mineral water Kláštorná Kalcia,
which it is putting into bottles from 100% rPet.