Market Closed -
Nasdaq Helsinki
11:29:57 2024-04-30 am EDT
5-day change
1st Jan Change
29.95
EUR
-0.50%
-1.32%
+6.77%
Olvi changes the presentation of its segments
April 18, 2024 at 08:01 am EDT
Olvi plc Inside information 18 April 2024 at 3.00 pm
Olvi changes the presentation of its segments
Olvi Group has changed the presentation of the segments to correspond to the monitoring carried out by the management. In future, intra-segment business transactions will be eliminated from the segments' sales volumes and net sales in their presentation.
The Group's financial information for 2023 is presented in the tables below, adjusted for the new presentation of the segments. The information disclosed below is unaudited.
Sales volume , L 1,000
1-3/2023
4-6/2023
7-9/2023
10-12/2023
1-12/2023
Finland
58,753
80,105
68,914
60,337
268,109
Baltic Sea region
79,540
120,964
107,124
82,753
390,381
Belarus
65,859
105,911
89,178
60,283
321,231
Eliminations
-934
-1,243
-1,122
-657
-3,956
Total
203,218
305,737
264,094
202,716
975,765
Net sales , EUR 1,000
1-3/2023
4-6/2023
7-9/2023
10-12/2023
1-12/2023
Finland
48,127
67,609
59,482
53,016
228,234
Baltic Sea region
53,244
84,609
75,781
56,173
269,807
Belarus
28,721
44,030
36,427
25,852
135,030
Eliminations
-629
-820
-636
-381
-2,466
Total
129,463
195,428
171,054
134,660
630,605
Segment net sales 2023,
EUR 1,000
Beverage sales
Equipment services
External sales
Internal
sales
Total net sales
Finland
225,991
2,209
228,200
34
228,234
Baltic Sea region
267,375
267,375
2,432
269,807
Belarus
135,030
135,030
0
135,030
Eliminations
-2,466
-2,466
Total net sales
628,396
2,209
630,605
0
630,605
More information:
Olvi plc
Patrik Lundell , CEO, tel. +358 290 00 1050
Tiina-Liisa Liukkonen , CFO & CIO, tel. +358 290 00 1050
DISTRIBUTION:
NASDAQ Helsinki Ltd
Main media
www.olvi.fi
https://news.cision.com/olvi-oyj/r/olvi-changes-the-presentation-of-its-segments,c3963820
https://mb.cision.com/Main/14712/3963820/2742339.pdf
(c) 2024 Cision. All rights reserved., source Press Releases - English
Olvi Oyj Reports Earnings Results for the First Quarter Ended March 31, 2024
Apr. 18
CI
Olvi Oyj Appoints Tarmo Noop as New Board Member
Mar. 26
CI
Olvi Oyj Approves Dividend for 2023 on Each Series K and Series A Share, Payable on 18 April 2024 and 3 September 2024 Respectively
Mar. 26
CI
Olvi Oyj Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
Feb. 09
CI
Olvi Oyj Proposes Dividend for 2023, Payable on 18 April 2024 and 03 September 2024 Respectively
Feb. 09
CI
Olvi Oyj Reports Earnings Results for the Full Year Ended December 31, 2023
Feb. 09
CI
Olvi plc Appoints Esa Hyttinen as Group General Counsel and Member of Olvi Group's Management Team
Jan. 09
CI
Genelux Says FDA Grants Fast Track Designation to Potential Ovarian Cancer Treatment Olvi-Vec
Nov. 27
MT
Olvi Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
23-10-17
CI
Olvi Oyj Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
23-08-11
CI
Olvi Group Cancels its Earnings Guidance for the Year 2023
23-08-11
CI
Genelux, TVAX Biomedical Secure US Patent on Cancer Combination Therapy
23-06-29
MT
Olvi Oyj Reports Earnings Results for the First Quarter Ended March 31, 2023
23-04-20
CI
Olvi Oyj Reports Earnings Results for the First Quarter Ended March 31, 2023
23-04-20
CI
Olvi plc Approves the Appointment of Ståhlberg Christian as Director
23-03-29
CI
Olvi Oyj's Equity Buyback announced on May 30, 2022, has expired.
23-03-28
CI
Olvi plc Announces Board Changes
23-03-01
CI
Olvi Oyj Announces Pentti Hakkarainen and Elisa Markula Will No Longer Be Available for Position as Members of Board of Directors
23-02-28
CI
Olvi Oyj Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
23-02-10
CI
Olvi Oyj Provides Earnings Guidance for the Year 2023
23-02-10
CI
Olvi Oyj Proposes Dividend for 2022 on Each Series K and Series A Share, Payable on 20 April 2023 and 05 September 2023
23-02-10
CI
Olvi Says Belarusian Unit Sale to Not Complete Within Next Year
22-11-21
MT
Europe's STOXX 600 snaps four-day rally on inflation, growth angst
22-10-19
RE
Olvi Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
22-10-19
CI
Olvi Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
22-10-19
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Olvi Oyj is a Finland-based company engaged in the beverage industry. The Company specializes in the development, manufacture and marketing of beers, ciders, kvass, long drinks, soft drinks, juices, snack drink, mineral waters and energy drinks. Its beverage portfolio comprises a range of brands: OLVI, Sandels, A. le Coq, FIZZ, Sherwood, Sven Tuuva, Tuntematonsotilas, Balanssi, TEHO, KevytOlo, Olvi Vichy, Angry Birds, Hello Kitty, and HeviSaurus, among others. It is present in Finland, Estonia, Latvia, Lithuania and Belarus. Furthermore, the Company operates through a number of direct and indirect subsidiaries, such as AS A Le Coq, OAO Lidskoe Pivo, AB Volfas Engelman, A/S Cesu Alus, AS Karme and Verska Mineraalvee OU.
More about the company
Last Close Price
29.95
EUR
Average target price
36
EUR
Spread / Average Target
+20.20%
Consensus
1st Jan change
Capi.
+6.77% 663M -3.87% 119B -0.70% 55.2B +5.52% 46.37B -11.51% 36.97B -1.37% 22.85B +10.56% 19.12B -24.76% 18.54B +3.23% 17.39B +5.26% 14.93B
Other Brewers
+951% of historical performance
More than 20 years at your side
Our Experts are here for you
OUR EXPERTS ARE HERE FOR YOU
Monday - Friday 9am-12pm / 2pm-6pm GMT + 1