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Annual Report 2011 - Dr. August Oetker KG

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with Gin Lubuski, the Totino and Canari<br />

cream liqueurs, as well as the classic<br />

cherry liqueur Nalewka Babuni, are performing<br />

very successfully. The reporting<br />

year saw the launch of Canari Pina Colada,<br />

which instantly recorded sound<br />

growth. Exports likewise contributed to<br />

the successful overall result. Vinpol now<br />

exports to 15 countries – and the trend<br />

is upward.<br />

Bohemia Sekt,<br />

Czech Republic<br />

Celebrated in its home country, Bohemia<br />

Sekt s.r.o. is Czech market leader in<br />

sparkling wine and wine while also being<br />

a successful producer and distributor of<br />

spirits. With respectable sales increases<br />

in the sparkling wine and wine business,<br />

as well as double-digit volume growth<br />

with spirits, the company can look back<br />

on a thoroughly successful fi nancial<br />

year. The basis of the success was Bohemia<br />

Sekt and Praszká Vodka. Furthermore,<br />

the company was proclaimed<br />

“Winery of the Year”, the highest accolade<br />

for wine companies in the Czech<br />

Republic.<br />

Hubert J. E., Slovakia<br />

Founded as long ago as 1825, Hubert<br />

J. E. is known in its home country especially<br />

for Hubert, the leading sparkling<br />

wine brand by far. In the sparkling wine<br />

sector a non-alcoholic Hubert Club was<br />

launched. Enjoying disproportionate<br />

success was the premium sparkling<br />

wine Hubert de Luxe. The wine business<br />

also followed a sound course. With the<br />

acquisition of the wine company Vitis<br />

Pezinok in 2008, the subsidiary became<br />

Slovakian wine market leader. Equally<br />

pleasing was the Slovakian spirits year,<br />

which was marked by the success of Karpatské<br />

Brandy. With Karpatské Brandy<br />

the company has one of the country’s<br />

most celebrated spirits brands.<br />

Angelli, Romania<br />

The leading Romanian market leader in<br />

sparkling wine, Angelli s.r.l. had to<br />

contend with especially challenging underlying<br />

conditions in its home market.<br />

Despite continuing infl ation, high unemployment<br />

and the poor consumer<br />

sentiment bound up with it, the company<br />

succeeded in marginally increasing<br />

The Czech Republic’s Bohemia Sekt can look back on a thoroughly successful fi nancial year.<br />

volume sales of sparkling wine, this being<br />

borne by the successfully performing<br />

sparkling wine Ador Frizzante. The spirits<br />

segment, however, suffered disproportionately<br />

as a result of an increase in<br />

liquor tax from 2010 and the stockpiling<br />

accompanying it. Exports of Angelli<br />

aperitifs were very good, so that, although<br />

down marginally overall, a creditable<br />

volume sales result was achieved.<br />

Kiewer Sektkellerei,<br />

Ukraine<br />

Despite all political and economic un-<br />

certainties in Ukraine, the sparkling wine<br />

market leader, Kiewer Sektkellerei, is on<br />

the right track. With continuing successes<br />

the company is defying the demanding<br />

underlying conditions and was able<br />

to grow yet again in the <strong>2011</strong> fi nancial<br />

year. In the sparkling wine business the<br />

sound volume sales performance is attributable<br />

above all to the recently introduced<br />

Nash Kiev sparkling wine, which<br />

made up for the losses in sales of the<br />

more expensive Sowjetskoye sparkling<br />

wine. Promising developments were<br />

seen in the new spirits sector, which is<br />

composed of the company’s own spirits<br />

and the cream liqueurs of the Polish sister<br />

company Vinpol.<br />

Budampex, Estonia<br />

In addition to the producing companies,<br />

the internationalization of the Group is<br />

also being advanced with import and<br />

distribution companies. The start was<br />

made in 2009 by Budampex AS in Tallinn,<br />

Estonia. Budampex has taken Törley,<br />

Hungary’s sparkling wine market leader,<br />

to the top in Estonia. The company also<br />

distributes Henkell Trocken and other<br />

Group brands.<br />

Henkell & Co. Baltic, Latvia<br />

Founded in January <strong>2011</strong> and based in<br />

Riga, Henkell & Co. Baltic in Latvia augments<br />

business operations in the Baltic<br />

states, the aim being to expand business<br />

there in close association with Budampex<br />

AS in Estonia. The <strong>2011</strong> fi nancial year<br />

was satisfactory overall thanks to the<br />

positive performance of Törley sparkling<br />

wine.<br />

Henkell & Co. Sverige,<br />

Sweden<br />

Henkell & Co. Sverige, based in Stock-<br />

holm, was established in early <strong>2011</strong>. The<br />

remit of the new company is to pool the<br />

brands from the Group portfolio previously<br />

distributed through different<br />

Swedish importers. In the Swedish sparkling<br />

wine market, the company provides<br />

the market leader with Hungary’s<br />

Chapel Hill sparkling wine; Törley occupies<br />

second place.<br />

Henkell & Co. Nederland,<br />

Netherlands<br />

Henkell & Co. Nederland, Den Haag,<br />

completes the group of newly established<br />

proprietary distribution companies.<br />

Here, too, the brands formerly distributed<br />

by a number of partners are<br />

now marketed direct. At the focal point<br />

of the Netherlands business are the<br />

brands Mionetto, Francesco Yello Frizzante,<br />

Henkell Trocken and the Deinhard<br />

wines.<br />

Outlook for 2012<br />

On the basis of the sound business per-<br />

formance and consistent internationalization,<br />

the Henkell & Co. Group sees itself<br />

well equipped to face future<br />

challenges.<br />

On the domestic market, to which<br />

the Henkell & Co. Group is particularly<br />

committed as its prime market, the<br />

Group is focusing on its core brands<br />

Fürst von Metternich, Henkell Trocken,<br />

Mionetto, Kupferberg Gold and Söhnlein<br />

Brillant and, in the spirits sector, on<br />

Wodka Gorbatschow, Kuemmerling<br />

Kräuterlikör, Scharlachberg Meisterbrand<br />

and Pott-Rum. In an increasingly<br />

competitive and aggressively priced<br />

market, the brands are taking on the<br />

challenge of constantly setting new directions<br />

in quality, innovation, design<br />

and marketing.<br />

The internationalization of the Henkell<br />

& Co. Group is being further pursued in<br />

2012 with the establishment of Henkell<br />

& Co. United Kingdom, based in Leeds,<br />

and of Henkell & Co. Switzerland, registered<br />

in Obergösgen.<br />

Equally, exports remain a growing business<br />

fi eld for the Henkell & Co. Group.<br />

Overseas marketing has increasingly<br />

been the focus of the group of companies<br />

of late.<br />

Going forward, the success of the Group<br />

will be founded on a harmonious mix of<br />

active brand cultivation, a constant readiness<br />

to innovate, high quality standards<br />

and continuous internationalization<br />

within the defi ned business fi elds sparkling<br />

wine, wine and spirits.<br />

Sparkling Wine, Wine and Spirits Divsion 30<br />

Mionetto il Spr!z is very well received above all on the<br />

German market.<br />

31

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