Declining Sales at Ottakringer

IndustrialsBasic Resources ♦ Published: May 16, 2012; 11:57 ♦ (Vindobona)

The Austrian beer and mineral water producer faces a shrinking market in the first quarter of 2012. Sales fell by 8.9%.

Declining Sales at Ottakringer / Picture: © Vindobona.org

In the first quarter of 2012, Ottakringer´s beer sales went down by 9.8%. Total sales in the beer segment declined by 8.9% to € 19.8m (after € 21.3m). Corporate sales decreased by 3.0% to € 44.03m (after € 45.4m). The mineral water segment (Vöslauer) achieved stable revenues of € 20.22m. However, the market sales grew slightly. Also sales in foreign markets were down. Above…