Alcohol

International Internet Magazine. Baltic States news & analytics Saturday, 24.06.2017, 01:31

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Liviko increased its economic success due to Latvian border trade

Liviko increased its economic success due to Latvian border trade

22.06.2017

In 2016, the audited consolidated net turnover of AS Liviko, producer and seller of quality alcohol, was 129.7 mln euros and the company paid 70.6 mln euros in alcohol excise. The audited consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) of AS Liviko group was 5.8 mln euros and the net profit was 4 mln euros. The audited consolidated net turnover of AS Liviko grew by 8% in comparison with 2015, with a net profit of 42%, AS Liviko informed BC.

Keyword tags: Alcohol, Estonia, Latvia, Markets and Companies, Retail



Latvijas Balzams distillery plans to pay EUR 1 per share in dividends

Latvijas Balzams distillery plans to pay EUR 1 per share in dividends

15.06.2017

Latvijas Balzams distillery plans to pay EUR 1 per share from last year’s profit and part of undistributed profit for previous years, according to the company’s statement to the Nasdaq Riga stock exchange on draft decisions of the shareholders meeting.

Lithuania's Bennet Distributors allocates EUR 3 mln for dividends for 2016

Lithuania's Bennet Distributors allocates EUR 3 mln for dividends for 2016

13.06.2017

Bennet Distributors, a Lithuanian alcoholic beverage importer that is part of the international alcohol production and trade group S.P.I. Group, last year posted 89.967 mln euros in revenue, down 1.5% from 91.331 mln euros in 2015, reports LETA/BNS.


FY revenue of Superalko owner climbs 2.5% to EUR 89.1 mln

FY revenue of Superalko owner climbs 2.5% to EUR 89.1 mln

02.06.2017

OU Aldar Eesti, owner of the Superalko, Cityalko and Aldar Market alcohol stores in Estonia, boosted its revenue 2.5% year over year to 89.1 mln euros in 2016 while its profit fell from 1.3 mln to 322,042 euros, writes LETA/BNS.

Lithuanian parlt raises legal alcohol drinking age to 20

Lithuanian parlt raises legal alcohol drinking age to 20

01.06.2017

Young people under the age of 20 will not be allowed to buy or drink alcoholic beverages in Lithuania starting next year, reports LETA/BNS.


30.05.2017

Latvian President and breweries agree on phasing out alcoholic beverages in PET bottles

President Raimonds Vejonis and representatives of Latvian Federation of Food Companies and the Breweries Association of Latvia agreed during a meeting today to phase out alcoholic beverages filled in plastic bottles, the President's Chancery informed LETA.

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