StockMarketWire.com - Central and eastern European focused alcoholic beverages group Stock Spirits said overall trading for its financial year through September was in line with its expectations.

The Polish and Czech spirits markets, which together delivered about three-quarters of the company's revenue, continued to show growth in both volume and value terms, the company said.

'Our Polish business has continued to perform well despite trading conditions remaining highly competitive, outperforming total vodka growth in both the clear and flavoured sub-categories, and gaining volume and value share,' it added.

'We are also pleased with the strong performance of our Czech business, which outperformed total spirits growth and achieved both volume and value growth.'

'The Czech performance was driven by the success of our strategic initiatives including premiumisation, new product development and the addition of the Beam-Suntory distribution brands.'




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