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CLARA MOSCHINI

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Mahou San Miguel contains the drop in sales despite the pandemic

The Spanish group closed the year 2020 with a profit of 2.3 million euros

Mahou San Miguel, a Spanish brewer, in 2020 contained the decline in sales to -10.5% in value and -8.2% in volume and closed the year with a profit (€ 2.3 million), even if downsized compared to 2019. In 2020 the company's turnover decreased by 10.5%, to 1,252.8 million euros, while its Ebitda was reduced by almost half compared to the previous year, reaching 166.3 million euros. On the other hand, i...

hef - 19074

EFA News - European Food Agency
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