Economic and employment report

Economic report 2011
Today Sibeg Srl bottles and distributes its  The Coca-Cola Company brand products in Sicily and confirms its position of undisputed leadership. 2010 has again reported a positive result for the company with a 2010 turnover of 113 million, + 4.1% vs.2009.
Also significant was the increase in EBIT (net operating profit from operations) 8.4  million euros in 2010, + 31.7% vs 2009.

Financial report for the first half of 2011
The first half of 2011 reflects the economic difficulties that characterize the national economy in general and our Sicilian economy in particular.
Therefore, the sales value is little over 48 million euros (- 3.9% over the same period in 2010) and volume is approximately 12.4 million unit cases (-1.8% over the same period , 2010).
This difficulty is also reflected in industrial margins although there are worldwide efforts to regain profitability and revenue in the second half of the year.

The company in late 2009 adopted an ambitious program of industrial investment for about 28 million euros, to be held in the years 2010 to 2013 after a thorough evaluation process and financial planning. The investments will include among other activities, a new PET bottling line of products and a total revamping of the production area. The decision to launch this investment program would not have been possible without the encouraging results  obtained by the Company so far .
In 2010 were invested  8.2 million euros  vs. 4.6 million the previous year.
In the first six months of 2011 were invested 1.6 million in the industrial investment program.

Sibeg Srl having to constantly respond to the "open source -open mind" inputs of a multinational  company, continues to invest in our most valuable asset, human resources, the true asset of business challenges.

Economic and employment report