Duvel Moortgat grows from year to year. The growth is financially sound. The turnover and profit increased again in 2016. And as the figures show even more clearly, we invest in the future.
In the 2016 financial year, Duvel Moortgat recorded a consolidated turnover of €401,4 million.
That is an increase of over 27% compared with the previous financial year, due to a nice organic growth and also the complete incorporation in a full financial year of Brouwerij 't IJ in Amsterdam and Firestone Walker Brewing Company in California.
- EBITDA amounted from €97 million to almost €118,6 million.
- The net profit amounted to €53.6 million
- Investments of €60 million show that Duvel Moortgat is proactively looking to the future and is constantly working on expansion as well as on quality improvements in various fields.
- In 2016, the various breweries of the group brewed 1.8 million hectolitres (HL) of beer. The United States (0.7 million HL) and Belgium (0.5 million HL) are the most important markets.
*EBITDA|Earnings before Interest, Taxes, Depreciation and Amortization