Central European Distribution Corporation (CEDC) is eyeing acquisitions in Central Europe after it posted rising second-quarter sales and earnings.Central European Distribution Corporation (CEDC CEDC Community Education Development Centre (UK) CEDC Children in Especially Difficult Circumstances (Program) CEDC Club Español del Dogo Canario (Spanish) ) is eyeing acquisitions in Central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. after it posted rising second-quarter sales and earnings. The U.S.-based company has seen operating income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. almost quadruple to $22 million during the three-month period ending June 30. The company, which has bought Polish distillers Bols and Polmos Bialystok and Polish distributor Imperial in the last year, posted a 35% leap in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight to $22 million. The company closed the Bols Hungary deal last month for around $19.6 million. CEDC is the largest vodka producer in Poland. |
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