Business Year 2011:
Record-high raw material prices depress earnings
Turnover 888 million EUR (+ 4.3%) / Volume sales 1.072 billion liters
(+ 1.1%) / EbIT 52.4 Mio. EUR (- 19.4%) / Entry into the promising
Turkish market / Record-high raw material prices
Nieder-Olm, 22 May 2012. The Eckes-Granini Group GmbH, the
international corporate group specialized in non-alcoholic fruit beverages
under the umbrella of Eckes AG, closed Business Year 2011 (ending on
31 Dec.) with slight gains in both turnover and volume sales. “The entire
fruit juice industry – and thus Eckes-Granini as well – suffered under the
impact of dramatic increases in the costs of nearly all raw materials in
2011,” explains Thomas Hinderer, Chairman of the Executive Board. “A
challenge of unprecedented magnitude that has made business
extremely difficult for all producers.”