Nov 26, 2025 (MarketLine via COMTEX) --
The group cited the impact of the sugar tax in Slovakia and muted consumer sentiment in Czechia.
Kofola CeskoSlovensko is forecasting a full in annual sales, with the Czech drinks business pointing to the impact of a sugar tax in Slovakia.
The soft drinks producer expects to record a 4% decline in revenues this year, versus its previous forecast of growth of 1.5%.
Kofola CeskoSlovensko's new guidance came after it reported a 7.5% fall in third-quarter revenues.
The business said "lower consumption" in the quarter had been "significantly influenced" by Slovakia's sugar tax on sweetened drinks and muted consumer sentiment in Czechia.
Kofola CeskoSlovensko also cut its forecast for 2025 EBITDA, which the company now sees reaching Kc1.75bn ($83.8m). It had previously projected this metric to sit at Kc1.9bn.
CFO Martin PisklAik said: aEURoeWe managed to offset the negative revenue trend in the CzechoSlovakia region through cost savings. EBITDA for the third quarter is therefore comparable with the results for the same period in 2024.
aEURoeAt the turn of August and September, the revenue trend began to improve, which is why we published an outlook for the full-year 2025 result at Kc1.9bn. However, autumn and November revenues show that the negative trend unfortunately continues. We therefore need to revise the overall outlook to Kc1.75 bn.aEUR
Kofola's third-quarter revenues declined 7.5% to Kc3.1bn. EBITDA in the period fell 1.1% to Kc727m.
The group saw declines across its business segments in its third quarter. Its 'CzechoSlovakia' business segment, the largest portion of its business, saw revenues decline 10% to Kc4.7bn. EBITDA within this segment also dropped 12.5% to Kc823m.
Revenues in its beer and ciders segment were down 10.3% in the quarter, mainly driven by "lower demand in central and eastern European countries", Kofola said.
Profit for the period in its third quarter still grew 5.4% to Kc391m. However in its first nine months of 2025, total profits dropped 18.9% to Kc528m.
Kofola's revenue dipped 3.6% in the nine-month period to Kc8.2bn. EBITDA dropped 11.8% at Kc1.4bn.
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COMTEX_470570486/2227/2025-11-26T14:04:11
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