The fast-growing global producer and distributor of alcoholic beverages, Amber Beverage Group (ABG), has released positive financial results reaching sales of EUR 365.8 million and EBITDA of EUR 42.9 million, exceeding its expectations. Net revenue in 2022 stood at EUR 365.8 million, (+17.9%). The latest ABG Annual Report for 2022 can be found here.
Chief Executive Officer of Amber Beverage Group, Jekaterina Stuģe, said: “The year 2022 has been a record year for the entire Amber Beverage Group. We accomplished sales of EUR 365.8 million and EBITDA of EUR 42.9 million, exceeding our expectations once again. Our global strategy, Sirius25 - named after Sirius, one of the brightest stars in the night sky - is continuing to work flawlessly. It defines our approach to ABG's brand development in domestic and international markets, outstanding management of third-party brands, and excellence in production processes - all of which we highlight in this Annual Report and Accounts.
“The unwavering commitment and quick thinking displayed by members of the Amber Beverage Group team throughout the world has impressed every member of the Supervisory Board. The company did not halt its expansion, once again overachieved its financial results, and was still able to achieve several significant victories despite the geopolitical and economic turmoil that was taking place in the world. On behalf of the management team, I take this opportunity to express my gratitude to all our colleagues within Amber Beverage Group.”