Annual Report 2011 - Dr. August Oetker KG
Annual Report 2011 - Dr. August Oetker KG
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