Emitents | Amber Latvijas balzams, AS (097900BGLZ0000056644) |
Veids | Finanšu pārskati |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2015-11-26 14:43:54 |
Versijas komentārs | |
Teksts |
The Company was
established in 1900 and operates under the current name since 1970.
Due to SPI Group internal reorganization the major shareholder of
JSC Latvijas balzams from October 2014 is Amber Beverage Group LLC
which owns 89.53% of the Company’s equity capital (previous major
shareholder – S.P.I. Regional Business Unit
B.V.). JSC Latvijas balzams
is the largest producer of alcoholic beverages in the Baltic States
with a range of more than 100 different products. Our
production is exported to more than 160 export markets as mediated
by SPI Group, and to 30 markets via the Company`s direct export
route.
The
Company`s Activity The unaudited
turnover of the Company in the first nine months of 2015 was 55.27
million Euros, which is 7.9% more than for the first nine months of
2014. The growth of turnover influenced by increase in sales in
export markets, for example, orders of SPI Group has increased by
14.8% comparing to the first nine months of 2014. Significant sales
volume increase excluding SPI Group orders was achieved in
Lithuania (+38%), Estonia (+16%) and also in China and
Romania. Continuing purposeful growth in strategically significant
export markets, the Company has successfully expanded assortment
and partnerships. The unaudited profit
for the reporting period reached 5.99 million Euros that represents
20.4% growth versus the first nine months of 2014. The result was
achieved through focused development of the beverage portfolio,
volume growth in strategically significant export markets and
growth of production process efficiency as well as changes in
corporate income tax related to the reorganization and taken over
accumulated tax losses. During the first nine months of 2015 JSC Latvijas balzams paid 40 million Euros into the state budget, including excise tax amounting to 29.6 million Euros
Outlook of Future Activities The Company will
continue purposeful focus on achieve of settled objectives in both
domestic and export markets. Our priorities still will be beverage
portfolio consummate with the focus on exportable beverages and
internationally acknowledged brands, as well as focus on
implementation of effective production strategy to increase the
Company`s competitiveness. The Company will
continue to execute active external marketing activities by
participating in international exhibitions and by presenting for
global consumers their brands. By active
participation in the Industry Association and cooperating with
non-governmental organizations, the Company will represent the
interests of industry in the dialogue with legislators and law
enforcement institutions, and promote advised policy development in
the alcohol market. The Company will continue to focus on
activities of combating non-commercial alcoholic beverages and to
focus on the public education on these issues.
JSC Latvijas balzams
Proctor
Ronalds Žarinovs
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Pielikumi |