Brief: Anadolu Efes Announces 2022 Sales Volume

Anadolu Efes Biracilik ve Malt Sanayii

09/01/2023 05:17

Jan 9 (Reuters) - ANADOLU EFES BIRACILIK VE MALT SANAYI
 AEFES.IS :
    * ANADOLU EFES' CONSOLIDATED SALES VOLUMES DECLINED BY 2.3%
YEAR-ON-YEAR TO 23.3 MHL IN Q4 2022
    * CONSOLIDATED VOLUMES REACHED 123.5 MHL IN FY 2022 WITH A
STRONG
GROWTH OF 6.4% REALIZING BETTER THAN OUR GUIDANCE OF LOW-TO-MID
SINGLE DIGIT GROWTH
    * YEAR-ON YEAR ORGANIC GROWTH WHERE WE EXCLUDE THE IMPACT OF
UZBEKISTAN FROM OUR SOFT DRINKS OPERATION'S VOLUME WAS 1.0%
    * BEER GROUP VOLUME DECLINED BY 18.1% YEAR-ON-YEAR IN  Q4
2022 ON
A REPORTED BASIS MAINLY DRIVEN BY LOWER VOLUMES IN UKRAINE AND
RUSSIA
    * EXCLUDING OUR UKRAINE OPERATIONS, DECLINE WAS AT 11.0%, IN
LINE
WITH EARLIER EXPECTATIONS DUE TO CYCLING 6.0% GROWTH IN THE SAME
PERIOD OF LAST YEAR
    * IN FY 2022 BEER GROUP VOLUME WAS 33.1 MHL ON REPORTED
BASIS
WHICH WAS MUCH BETTER THAN OUR FY OUTLOOK AND REALIZED PARALLEL
TO ITS LEVEL A YEAR AGO
    * INTERNATIONAL BEER OPERATION'S CONSOLIDATED SALES VOLUME
DECLINED BY 22.7% IN Q4 2022, BRINGING FULL YEAR VOLUMES TO 28.3
MHL; 14.2% BELOW LAST YEAR
    * EXCLUDING UKRAINE, IN FY 2022, VOLUME DECLINE WAS LIMITED
TO
2.7%

        
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