Altia post 7.6% net sales growth

Altia post 7.6% net sales growth

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(Drinksint) - Altia, the wine and spirits group that focuses on the Nordic countries, has announced a 7.6% net sales increase to €524.8 million for the year January to December 2011. Altia's operating profit before extraordinary items as €35.3m, up 8.8% on the previous year and net profit before one-offs was €22.2m. The company says the figures are based on sales volumes published by the monopolies, Alko (Finlasnd), Systembolaget (Sweden), and Vinmonopolet (Norway). The information relating to Denmark, Estonia and Latvia is based on Altia’s own, local estimates.


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