NovaBev Group’s revenue increased by 20% in 2023 – Kommersant
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The revenue of the alcohol company NovaBev Group (formerly Beluga Group) according to IFRS for 2023 increased by 20%, to 116.9 billion rubles. Net profit decreased by 4%, to 8 billion rubles, it says message companies.
EBITDA increased by 11% to RUB 19.2 billion. EBITDA margin decreased from 17.8% in 2022 to 16.5% in 2023.
The NovaBev Group statement said that the company’s own retail network, VinLab, made a significant contribution to the financial results. Total sales increased by 23%, traffic by 21%. Like-for-like sales increased by 11.9%, average bill by 8.1%.
The company’s board of directors will consider the dividend recommendation for 2023 on March 18. Last year their size was 320 rubles. per share for the first half of the year and 135 rubles. per share for nine months.
Read about the situation on the alcohol market in the Kommersant publication. “Networks pull out alcohol”.
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