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Slovenian soft drinks maker posts large loss

This article was originally published in Foodnews

Skupina Lasko group, a leading Pepsi-Cola and fruit juice bottler and brewer in Slovenia, posted a EUR30.2 million (USD42.06 mln) loss in 2013 on sales revenues of around EUR267 mln (down 2%).

The group sold 3.89 mln hectolitres of beverages in 2013, a slight improvement over the 3.79 mln hl sold in 2012. Beverage sales abroad increased 10.6% to 1.35 mln hl in 2013.

Lasko forecasts total sales will increase to 4.0 mln hl in 2014, with 62.5% of sales realised in Slovenia.

The group recently brokered a deal with its 18 creditor banks, extending the maturity of existing loans until the end of 2016.

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