Amber Beverage Group: global ambitions thespiritsbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thespiritsbusiness.com Daily Mail and Mail on Sunday newspapers.
Amber Beverage reports ‘resilient’ full-year sales 26th May, 2021 by Nicola Carruthers
Luxembourg-based Amber Beverage Group saw organic sales increase 11% last year, boosted by its strong presence in the Baltics.
Moskovskaya Vodka-based hard seltzers launched in January 2021
Amber Beverage Group (ABG), producer of brands such as Rooster Rojo Tequila and Moskovskaya vodka, confirmed its net revenue reached €268.7 million (US$347.1m) in 2020. However, volumes dropped 8.4% last year due to the pandemic.
Organic operating profit for the full year rose by 21% to €21.9m (US$26.8m).
Earnings before interest, taxes, depreciation and amortisation (EBITDA) reached €31.2m (US$38.2m) in 2020, up 13%.
ABG said its presence in core markets had been “strengthened” in 2020. According to Nielsen data cited by ABG, the company holds the number one position in the distribution of beverages in Latvia, a top five position in Estonia, and the number one and number two spots in main
Moskovskaya Vodka to host hard seltzer webinar thespiritsbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thespiritsbusiness.com Daily Mail and Mail on Sunday newspapers.
Moskovskaya moves into hard seltzers 20th January, 2021 by Nicola Carruthers
Amber Beverage Group has joined the fast-growing hard seltzer category with the launch of two Moskovskaya Vodka-based products.
The Raspberry and Lime hard seltzer is made using Moskovskaya Pink Vodka
The new canned 250ml hard seltzers come in two flavours: Raspberry and Lime, and Ginger and Mint. Both expressions have an ABV of 4.5% and will initially launch in the UK in early February, followed by the rest of Europe.
The Ginger and Mint variant is made with Moskovskaya Osobaya Vodka, while the Raspberry and Lime is made using Moskovskaya Pink Vodka.