Despite increased raw material and delivery costs pressures Baltika secured above 20% net profit growth in 2007. According to the company's management statement this result was facilitated by the effects of scale from sales and market growth, development of the leading brands and premiumisation of the portfolio, as well as the remaining $20 million synergy effect from the merger of Baltika, Vena, Yarpivo and Pikra back in 2006.
Baltika's sales volume amounted to Euro 2 252,9 million (+29,5% versus 2006) Its EBIT equals to Euro 537,5 million (+25,9%) with Net profit of Euro 398,7 million.
Baltika Breweries is the largest FMCG producer in Russia. Since 1996, it has been the leader on the Russian beer market. The Baltika brand occupies second place in Europe in terms of sales. The Company comprises 11 breweries across all of Russia. It has a wide portfolio of brands and its employees number around 12,000 .
