Economic information
Economic results
Over the last 15 years Budweiser Budvar has managed to increase production of beer almost triple, i.e. to the current 1.1 million hectolitres of beer. Revenues from sales in the whole world reached almost CZK 2.4 billion in 2004. In 2004 the brewery created a gross profit (before taxation) in the amount of CZK 309 million.
Investments
Budweiser Budvar faces hard competition on the market in 50 countries across all continents. For this reason, it has to take care of improvement of its production capacities. Therefore, in 1991 Budweiser Budvar invested into modernisation and development more than CZK 2 billion.
Financial standing
Budweiser Budvar has achieved a positive economic result for a long time. Since July 2001 it has financed its own development solely from its own financial sources. Budweiser Budvar managed to increase the value of its equity from 1993 to 2004 by almost five times, from CZK 750 million to CZK 3.4 billion.
