KMV boosts first half turnover and operating profits

The Czech Republic’s biggest mineral water company, Karlovarské mineralní vody (KMV), has boosted turnover in the first half of the year by 21 percent compared with the same period in 2015. The total turnover for the six months came to 3.6 billion crowns. Operating profit climbed by 30 percent. The strong performance is due to growing demand for spring and bottled water. As well the core activities in the Czech Republic, the family owned company based on Karlovy Vary also has mineral water also operations in Hungary and Austria.

Author: Chris Johnstone