Last year, Budweiser Budvar increased its profit after tax by less than ten percent to 305 million crowns. Revenues from the sale of products and services increased by 0.4 percent to CZK 2.81 billion, they were record-breaking. For the second year in a row, net turnover exceeded three billion crowns. Losses in the tens of millions of CZK were recorded by the company due to gastronomic operations closed during the coronary crisis. It follows from the annual news.
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Exhibitions last year rose by 3.1 percent to 1.73 million hectoliters of beer, which was the most in the 125 years of the brewery’s existence.
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“We evaluate the year 2020 as successful, despite all the problems caused especially by the pandemic covid- 19. We continued our strategy, we again achieved record sales with its very good projection into the economic result. We have met and exceeded the tasks and goals set by the company’s development plan and strategy, “said Petr Dvořák, Budvar’s director, at the end of the report.
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