Czech soft drink producer Kofola, based in Ostrava, announces a record performance in 2024. Company, with 14 production plants across Europe, achieved a significant year-on-year sales increase and plans to invest heavily in business development in 2025.
Kofola's sales in 2024 increased by 30.1 % year-on-year, reaching 11.31 billion Czech crowns. Their EBITDA (operating profit before depreciation and amortisation) surged by 49.6 % to a record 1.87 billion Czech crowns, according to preliminary results. In a press release today, Kofola informed CTK that these results highlight the robustness of the entire group, the strength of its brands, and its adaptability to evolving market conditions.
Kofola reported a 6 % year-on-year sales increase in its beverage division in the Czech Republic and Slovakia during the final quarter of last year. This result shows that Kofola was resilient and was able to maintain its market position against unexpected challenges, such as production interruptions caused by flooding in the Czech Republic. Strong Christmas sales and increased consumer interest in on-the-go formats also significantly contributed to Kofola´s growth.
Kofola's shares on the Prague Stock Exchange have increased by 49 % over the past six months, reaching 455 Czech crowns each. This significant increase reflects investor's confidence in the company's strategy. In the year 2025, the group's management intends to make significant investments in business development. Kofola will also assess the effects of the Slovak sugar tax and address the issue of PET bottles and cans in the Czech Republic.
These factors make Kofola an appealing investment opportunity for foreign investors seeking a stable and growing company in the beverage industry.
Source: ČTK; seznamzprávy.cz
Prepared by the CzechTrade London team