Equity

Stocks PX

Current indices and composition of PX Index

Related commentary and analysis

Company notes: Kofola: Today's AGM will approve a dividend of CZK21; end of partnership with Pepsi

17/06/2026 10:17

Annual General Meeting

At today’s Annual General Meeting, Kofola shareholders will approve the board of directors’ proposal to pay a dividend of CZK21 per share, among other things. The meeting will take place on June 17, 2026, at 10:00 a.m.

The CZK21 dividend offers a gross yield of +4.0%. The record date is expected to be Friday, June 26, 2026. This means that Wednesday, June 24, 2026, will be the last trading day with the right to receive the dividend.

 

End of Partnership with PepsiCo in the Adriatic Region

Kofola announced that it will end its partnership with PepsiCo in Slovenia and Croatia on January 1, 2027. Kofola currently operates as a Pepsi bottler and distributor. We expect this change to result in a slight decline in revenue in the low single-digit percentage range. Kofola will replace Pepsi products with its own brands. Furthermore, the margin on sales of its own beverages will be significantly higher than the current margin on Pepsi products.

Kofola has already experienced a similar situation when it ended its partnership with Rauch and replaced their juices with its own brands.

We do not expect this change to significantly impact Kofola’s numbers.

Autor: Bohumil Trampota
Show more