Financial

Duvel Moortgat keeps growing steadily. This growth is financially sound, also in 2021. And, as the figures clearly illustrate: we are investing in the future.

  • Even despite the continued impact of Covid in 2021, Duvel Moortgat was still successful in continuing its growth compared to 2019. Revenue of EUR 505 million was achieved.
  • The EBITDA increased to EUR 148 million and the net profit (group share) amounted to EUR 78 million.
  • The investments totalling EUR 31 million illustrate the fact that Duvel Moortgat has a proactive vision for the future and works continuously to expand and improve quality.
  • In 2021, a combined total of 2.2 million hectoliters (HL) of beer were brewed across the different breweries in the group. The United States (0.8 million HL) and Belgium (0.5 million HL) are our biggest markets.

 

 

 

*EBITDA|Earnings before Interest, Taxes, Depreciation and Amortization