Stock Spirits Toasts Sales Jump

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More From Impact

Dan Marsteller
Posted: June 28, 2010

U.K.-based Stock Spirits Group has released a sterling set of figures
for calendar 2009, as group revenue rose 17% to €262 million ($323m)
and EBITDA jumped 46% to €62.9 million ($78m), with growth centering
on Stock’s core Central European business. The group’s performance was
led by Polish vodka Czysta de Luxe (launched in 2007), which more than
doubled to 5.4 million cases in 2009 in its domestic market. Stock’s
Zoladkowa Gorzka vodka is also prominent in Poland, where the company
claims to have now attained the vodka market lead with a 30% share.

Stock says it also maintained a leading position in the Czech
Republic’s spirits market with a 36% share, remained the leading
spirits importer in Slovakia and opened owned sales and distribution
operations in Bosnia & Herzegovina and Croatia during the year. The
group doubled total production to 97 million liters, as it invested in
its Lublin, Poland bottling site, which now has an annual capacity of
480 million bottles.

Chris Heath, ceo of Stock Spirits, said investor Oaktree Capital
Management have enabled a €75 million ($93m) investment in brands and
production over the past two years, and “as a result have established
what we believe to be a very strong platform for future growth.”