2024 május 23

Zwack – 2022-2023 Q1 Earnings Report

The Board of Directors of the Zwack Unicum Plc. has approved the Management’s report about the results of the Company in the first quarter of the 2022–2023 business year.

The data have not been audited.

Total gross sales of the Company were HUF 9 900 million – a year-on-year increase of 56.0% (HUF 3 555 million). Net sales (sales revenues excluding excise tax and public health product tax [NETA]) were HUF 5 596 million, a year-on-year increase of 56.1% (HUF 2 010 million).

In the net domestic sales there was a year-on-year increase of HUF 1 882 million (59.8%). The net sales of own produced goods increased in the domestic market by HUF 1 393 million (55.4%) (HUF 3 905 million instead of HUF 2 512 million). Broken down, sales of premium products increased by 48.3% and those of quality products grew by 79.6% – and each of the categories contributed to growth. In the premium segment, Kalumba rose more steeply than the average, and that was thanks to the introduction of two new flavours (blood orange and mango). In the quality segment, Hubertus grew at par with the segment’s average, while Kalinka nearly doubled sales.

The net sales revenue of traded products had a year-on-year increase of 77.0%. Broken down, the revenue of the Diageo portfolio increased by 78.7%, and the revenue of the other traded products grew by 67.3%. In the latter category, sales of wines and Champagnes grew considerably but mineral waters accounted to the greater part of growth.

The entire report can be downloaded by clicking the link below:

Zwack – 2022-2023 Q1