
Alcohol company Novabev Group published operating results for 2024 year. Total shipments decreased by 4.2% year to year, totaling 16.2 million decaliters (dal).
Photo: Ageenkova A/Retail.ru
Sales of the company’s products decreased by 4% – to 12.8 million dal. According to the press service of company, the decrease occurred because of due low-margin brands economy-segment and regional brands.
Over the year double-digit growth rates are demonstrated by brands from premium and higher segments which positively affects the financial indicators.
The number of trading points of VinLab (part of Novabev Group) over the WinLab’s own windows appeared on all key marketplaces in the country. In December VinLab jointly with Wildberries launched the project to sell alcoholic beverages by system click & collect. Novabev group expandedtheVinLabnetworkto 2thousand.stores