Sales Rise by 2% at Laško Union, Net Profit up 20%

  • Written by  J.S., STA
  • Comments:DISQUS_COMMENTS
(Photo: Nova24TV) (Photo: Nova24TV)

Pivovarna Laško Union, Slovenia's largest brewery, last year generated EUR 156.5 million in net sales revenue, up 2.2% year-on-year, on the back of higher sales in the domestic market. Net profit was meanwhile up by 20% to EUR 24.4 million, shows the annual report published on Monday.

The share of net sales revenue generated in foreign markets in total net sales revenue was 26%, while compared to 2018, the volume sales of beer in the Slovenian market were up by half a percent.

Pivovarna Laško Union's sales in foreign markets last year were up by 4.8% year-on-year, with the growth attributed to higher sales to companies in the Heineken Group, which has been the owner of the Slovenian brewery since 2016.

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