BELUGA Group: 9M2020 operating results
9 OCTOBER 2020
BELUGA Group (MOEX: BELU) reports strong operating results for 9M20. Sales volumes increased by 11.4% YoY in 9M20 to 11.6mn 9L cases. The company’s own brands sales grew by 8.1% YoY to 10.1mn 9L cases and sales of imported brands increased by 41.8% YoY to 1.5mn 9L cases.
BELUGA Group: Taste in Good spirits
16 APRIL 2020
We initiate coverage of Beluga Group (MOEX: BEGU), the leading Russian alcohol producer and important global market player. Beluga Group is the number one Spirits producer in Russia and ranks as a top-four vodka producer globally. It manages a portfolio of own and imported alcohol brands.
BELUGA Group: 1H2020 results review
29 AUGUST 2020
BELUGA Group (MOEX: BELU) reports strong 1H20 financial results. Revenue increased 23% YoY in 1H20 to RUB26,283mn on the back of sales growing 15% YoY to 7.173 million 9L cases. Operating income rose 25% YoY to RUB2,167mn and EBITDA reached RUB3,325mn, up 23% YoY in 1H20. The company reported net profit of RUB460mn, up 2% YoY in 1H20, and earnings per share of RUB35.76, up 22% YoY.