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Kofola CeskoSlovensko (KOFOL) investor relations material
Kofola CeskoSlovensko Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 EBITDA was CZK 725 million, flat year-over-year, despite a 7.5% revenue decline, due to effective cost-saving initiatives and portfolio diversification.
Revenue for 9M 2025 was CZK 8.17 billion, down 3.6% year-over-year, with EBITDA at CZK 1.40 billion, a decrease of 11.8% compared to 9M 2024.
The group remains a leading beverage producer in Central and Eastern Europe, with strong market positions in Czechia, Slovakia, and the Adriatic region.
Key challenges included lower sales volumes, the impact of a sugar tax in Slovakia, unfavorable weather, and weak consumer sentiment.
Portfolio diversification and cost discipline supported resilience in a challenging retail environment.
Financial highlights
Q3 2025 EBITDA reached CZK 725 million, matching the prior year, while Q3 revenues decreased by 7.5% year-over-year.
9M 2025 EBITDA was CZK 1.40 billion, down 11.8% year-over-year, with a gross margin improvement to 47.9%.
Net profit for 9M 2025 was CZK 543.9 million, down 18.3% year-over-year.
Net debt increased to CZK 5.29 billion, with a net debt/EBITDA ratio of 3.08x as of 30 September 2025.
All divisions exceeded budgeted EBITDA targets by 7% overall.
Outlook and guidance
Full-year 2025 EBITDA guidance was revised down to CZK 1.75 billion from CZK 1.9 billion due to weak consumer sentiment and the loss of a key Adriatic customer.
No major financial stability concerns; leverage remains manageable at around 3x EBITDA.
Dividend payout of CZK 21 per share planned for 2025, with an advance payment of CZK 7.50 per share already made.
Moderate growth anticipated from 2026 as market conditions stabilize.
More detailed outlook for 2026 to be provided with full-year results in February 2026.
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