24 January 2018
   
Zim family finally leave Bangkok airport
Government orders fuel price cut
5 weeks for ministers to declare assets
Mnangagwa Mugabe Part II, critics say
12th G40 member booted out of Zanu PF
Mohadi says VP post zenith of his career
EU throws weight behind ED government
Zanu PF official says Moyo used Juju
MORE NEWS
Millers rescue NRZ, procure 200 wagons
Diamond: $20m for land reclamation
MORE BUSINESS
Mukanya to perform in Harare on April 28
SA: Jazz legend Hugh Masekela dies
MORE SHOWBIZ
Bangladesh wallop sorry Zimbabwe
PSL says 2018 season starts March 10
MORE SPORTS
Mnangagwa’s ‘New’ Zim merits support
Zhuwao: kleptocracy and EDiots in Davos
MORE OPINION
 
Sadc peace hinges on leaders' gains & loses
Mnangagwa off to Davos empty handed
MORE COLUMNISTS
 
 

Afdis sales, revenue below budget

11/11/2017 00:00:00
by Source.co.zw
 
 
RELATED STORIES

HARARE: African Distillers sales volumes and revenue fell below budget in the first quarter to September, but the beverage maker expects improvement in the second quarter, boosted by demand in the festive season.

Managing director, Cecil Gombera told shareholders at the company’s annual general meeting that business has been ‘largely satisfactory’ despite product supply gaps emanating from foreign currency shortages.

Spirits, both brown and white remained the major contributor to both volumes and revenues. The company was also looking at ‘competitive pricing’ in the face of stiff competition, said Gombera.

The ready to drink business was now a significant contributor to the overall business and continues to grow despite raw material supply constraints, he added.

The recent addition of Hunters Edge to the cider product portfolio has broadened the market base and was attracting a new class of consumers.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark

 
 
 
comments powered by Disqus
 
RSS NewsTicker