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Coca-Cola HBC Lietuva doubles profit to EUR 2.9 mln in 2019

BC, Vilnius, 09.09.2020.Print version
Coca-Cola HBC Lietuva, the Lithuanian subsidiary of the biggest producer of non-alcoholic beverages worldwide, posted 2.889 million euros in net profit in 2019, up 94.2% from a year ago, reports LETA/BNS.

Its revenue rose 8% to 54.801 million euros, according to the company's financial report filed with the Lithuanian Center of Registers.


Coca-Cola HBC Lietuva says it does not expect any major increase in revenue due to the coronavirus epidemic's impact on businesses. Nevertheless, it says, the epidemic has not had major impact on its activity.


Coca-Cola HBC Lietuva did not pay out dividends last year and in 2018 and has no plans to do so this year.


Estonia's Coca-Cola HBC Eesti, controlled by the Swiss-registered Coca-Cola HBC AG, owns 100 percent of Coca-Cola HBC Lietuva.




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