Kofola targets upper EBITDA guidance following strong summer performance

Kofola reported strong performance for the second quarter of 2026, bolstered by high demand during the summer months. Following a meeting with analysts, CFO Martin Pisklák indicated that the company aims to reach the upper end of its EBITDA guidance, targeting a range of 1,850–1,900 million CZK for the full year. While July and August showed significant growth in volumes and revenue, management remains cautious regarding potential input cost risks linked to instability in the Strait of Hormuz.

The company also discussed its acquisition of mineral water producer BHMW, which was completed at approximately 11x EBITDA. Kofola expects administrative and sales synergies between BHMW and its Leros herbal tea segment. Regarding shareholder returns, the CFO suggested that the current dividend policy of approximately 300 million CZK (13.5 CZK per share) serves as a lower limit, noting no reason to reduce the previous dividend of 21 CZK per share if EBITDA targets are met.

Additionally, Kofola's UGO segment plans to add new locations in the Czech Republic this year, with international expansion projected to begin in 2027.