Angola accounts for 70 percent of exports by Portugal’s Central de Cervejas

9 August 2006

Lisbon, Portugal, 09 Aug – Angola is the top outside market for the Portuguese beverage company Sociedade Central de Cervejas e Bebidas (SCC) and accounts for 70 percent of its export volume, a top company official said Tuesday in Lisbon.

“Angola is our best foreign market,” explained the company’s director of exports, Nuno Pinto de Magalhães, on the sidelines of the presentation of SCC’s half-year results, adding, however, that the Angolan market was also the least profitable one.

“All the export markets have contributed to the group’s growth, but Angola has recorded more than 100 percent growth,”, he stressed, highlighting the agreement with the Angolan firm Refriango that enabled Sagres products to be distributed in that country, specifically Sagres Bohemia.

Data released Wednesday by SCC indicates that external markets are again playing a vital role in the results of the beer and water areas, accounting for about 15 percent of total company sales.

Beer exports rose 72 percent compared to the first six months of 2005 to 31 million liters, while water exports increased by 69.5 percent to 8.5 million liters.

SCC is present in more than 40 countries. The most representative in sales terms are Angola, Cape Verde, Switzerland, France, England, the United States, Germany and Canada. (macauhub)