Profits sparkle at mineral water company but sales decline

Warehouse at the Henniez production site in canton Vaud Keystone

The Henniez mineral water and beverages concern says sales were down almost eight per cent last year at SFr144.1 million but net profit soared by 46.5 per cent to SFr3.75 million.

This content was published on June 19, 2000 - 10:39

In its annual report, the company says that the 1999 business year can be described a "satisfactory". However, it singles out the "excellent" performance of its Virgin ice tea which was launched in January 1999.

The company explains the falling turnover by "disappointing" weather conditions and the end of its contract with the Lipton brand.

Henniez says that the higher profit was the result of lower costs, in particular for packaging. Group production costs went down by 15.5 per cent to SFr17.94 million.

Shareholders will be asked to approve an unchanged dividend of SFr55 per share.

swissinfo with agencies

This article was automatically imported from our old content management system. If you see any display errors, please let us know:

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Contributions under this article have been turned off. You can find an overview of ongoing debates with our journalists here. Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at

Share this story

Change your password

Do you really want to delete your profile?