Jägermeister Increases Sales
Growth In Numerous Markets
Despite a price change in 2015, sales for Jägermeister remained nearly constant in Germany; the brand’s key, domestic market. Meanwhile, Mast-Jägermeister SE achieved a slight uplift in sales to the USA and also became directly responsible for the entire business of the brand in the world’s most important market for premium spirits; Long-term distribution partner, Sidney Frank Importing Company, was acquired on 1 August 2015. Sales in the Spanish market – now the company’s fourth-largest after the USA, Germany and the UK – exceeded three million bottles for the first time. Sales also rose significantly in the Czech Republic, France and Hungary.
Moderate Outlook
In light of growing economic uncertainty, particularly in Europe, Asia and South America, the company is taking a cautious approach to its forecasting. Paolo Dell’Antonio, Spokesman for the Executive Board, Mast-Jägermeister SE, comments “Provided that the economic uncertainties in many parts of the world do not worsen, we anticipate a moderate increase in sales”.
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