The bottler also posted RON41.5 million net profit, seven times higher than in 2015. The net profit margin therefore stood at 27%, one of the highest in the fast-moving consumer goods sector.
Carpathian Springs only handles production of the Aqua Carpatica brand and then sells to Valvis Holding Distribution, which in turn sells to retailers, export partners or hotel, restaurant and catering companies, Jean Valvis, the entrepreneur who created Aqua Carpatica, said a while ago. He took Aqua Carpatica to the US, UK, and even Japan. He is also the entrepreneur who created the Dorna mineral water brand, which he sold to Coca-Cola HBC in 2002.
Jean Valvis said sales of Aqua Carpatica stood at EUR40 million in 2015.
(English version by Loredana Fratila-Cristescu)