Jacek Pastuszka, Anora Group‘s CEO, is to leave his position at the helm of the Nordic alcoholic drinks major.
Pastuszka, who joined Anora from Carlsberg last October, has informed the company’s board of directors he wants to retire. He will step down when the Koskenkorva vodka owner names a new CEO.
Go deeper with GlobalData
Earlier this week, Anora lowered its forecast on a key profitability metric amid pressure on sales. In 2023, Anora made a number of revisions to its forecasts, issuing one profit warning in December and another in August.
Asked by Just Drinks if Pastuszka is to retire from work and if his departure was linked to Anora’s recent performance, a spokesperson said: “He said he will retire completely.”
Anora’s CFO Sigmund Toth also resigned earlier this year.
Explaining the reasoning behind the profit warning this week, the company said on Monday it had seen “lower volumes in beverage sales in wine and spirits segments in September than previously forecasted especially in the monopoly channels”.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn the first half of this year, Anora saw its comparable EBITDA rise 15.2% to €24.1m ($26.2m) despite a 5.3% decline in sales to €324m. All three of Anora’s reporting divisions – wine, spirits and industrial – saw sales fall. The industrial division takes in the sale of products including packaging, starch and ethanols.
