Vin & Sprit AB
V&S Vin & Sprit AB (V&S)'s activity includes the purchasing, production, packaging, distribution and marketing of alcoholic beverages. V&S is one of the world's ten largest international alcohol beverage companies and is divided into three business areas: V&S Absolut Spirits, V&S Distillers and V&S Wine with wines and strong wines in northern Europe. Distribution in the Nordic area is mostly carried out through the company's own distribution channels in Sweden, Denmark and Finland. In Norway, V&S is represented by the half-owned
Amundsen, in Estonia by the subsidiary V&S Eesti and in Poland by V&S Luksusowa Zielona Góra. In the United States, distribution is handled by Future Brands, which is 49 per cent owned. On most of the other important markets, distribution is handled by Maxxium, in which V&S owns 25 per cent.
Until the end of 1994, V&S had a monopoly on the import, export, manufacture and wholesale trade of alcoholic beverages in Sweden. When these markets being opened for free competition, V&S became one of a number of competing companies in these markets.
2006 |
2005 |
2004 |
|
|---|---|---|---|
Income, SEK million |
10,345 |
9,578 |
9,264 |
Operating profit, SEK million |
2,275 |
2,069 |
1,633 |
Net profit, SEK million |
1,577 |
1,505 |
1,099 |
Equity, SEK million |
7,247 |
6,886 |
5,119 |
Return on equity, % |
22.3 |
25.1 |
23.2 |
Total assets, SEK million |
17,832 |
17,121 |
14,782 |
Equity/assets ratio, % |
40.6 |
40.0 |
34.6 |
Dividend, SEK |
6001 |
600 |
400 |
Average no. of employees |
2,304 |
2,245 |
2,401 |
The State's ownership, % |
100 |
100 |
100 |
- Dividend proposed by the Board for 2006.
