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According to Sigita Ozola, Board Member of Aldaris JSC, beer production costs are expected to increase significantly next year.
2018. The main difficulties in the beer sector in Latvia have been changes to the regulatory framework for PET bottles and an additional tax burden, but Aldaris is currently predicting that the barley deficit and the rise in grain prices and the resulting malt will increase to 37% next year.In addition, the costs for beverage packaging and employee compensation will also increase, "said the company.
Ozola pointed out that, according to Aldara's calculations, malt accounts for 12.1% of the total cost of producing beer. She mentioned that fuel prices and requested packaging materials, such as PET and aluminum, also increased by 6% and 13.8%, respectively. Ozola also noted that in addition to rising commodity prices, "Aldaris" is facing increased competition in the labor market, which is currently slowing faster and more secure growth and development of the economy. business environment in Latvia. Aldaris permanently employs around 190 people in Latvia. However, filling vacancies requires more time, resources and the number of consistent and interested job seekers decreases.
At the same time, the company was successful in 2018 as Aldaris was able to adapt to market and regulatory changes in a timely manner. "Although we have ambitious growth plans, we are cautious in forecasting profits for next year," she said, adding that the company had significantly optimized its resources by intentionally investing in modernization of production, in the improvement of energy efficiency and in the efficiency of its internal processes.
Aldara 's revenue amounted to 22.452 million euros last year, up 2% from the previous year, while sales of Aldara amounted to 22.452 million euros last year, up 2% from the previous year. Business losses increased 57.9% to 5.018 million euros. Aldaris is a Danish beer producer, the Carlsberg Group. Carlsberg controls the company "Baltic Beverages Holding". Aldaris employs around 200 people.
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