European Growth Leaders 2026

Annual ranking data providerLSEG WorkspaceUsed with permission · acknowledgements

An independent academic observatory making Europe’s listed growth companies visible.

Francesco Castellaneta, Full Professor of Strategy, SKEMA Business School · Scientific Committee Diego Zunino and Jackie Krafft

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Annual rank73

Czech Republic · Consumer Non-Cyc.

Kofola CeskoSlovensko as

Kofola Group lists mineral waters, syrups, fruit beverages, juices and energy drinks, plus healthy-food and herbal-product businesses.

+37%revenue growth
FY2022–FY2025
+150%net-income growth
FY2022–FY2025
+128%stock return
FY2022–FY2025
+8%2026 stock return
current context only

Company profile

Regional drinks, local ingredients and new routes to consumers

Kofola ČeskoSlovensko is a family-controlled Central European drinks group whose centre of gravity is regional taste. Kofola Original sits beside waters such as Rajec, Radenska, Studenac, Korunní and Ondrášovka; Vinea, Jupí, Jupík, Semtex and Targa broaden the soft-drink range. UGO fresh food, LEROS herbs, beer, coffee and vending take the business beyond bottling, while orchards and PET recycling bring selected inputs and packaging closer to the group.

Origin and flagship

Fourteen ingredients created a distinctly local cola

KOFO syrup was developed in 1959 after a state assignment to create a Czechoslovak alternative to Western colas. Kofola launched in 1960 with fourteen herbal and fruit ingredients, caffeine and liquorice; the Samaras family bought the trademark in 2002 after rebuilding the drink from a small Krnov soda factory.

Brands and footprint

Fifteen plants anchor a five-market portfolio

The group reports production in the Czech Republic, Slovakia, Slovenia, Croatia and Poland. Krnov makes Kofola and high-pressure-processed UGO juices; Mnichovo Hradiště is the syrup base, Rajecká Lesná bottles Vinea, Kofola and Rajec, while Radenci, Lipik and Złotokłos carry local mineral-water and natural-product traditions.

Ingredients and making

The value chain reaches herbs, apples and coffee

LEROS mixes teas and medicinal-plant products, while UGO makes fresh juices and salads; the Krnov plant treats the juices under high pressure. Kofola links this ingredient focus to Czech orchards supplying apples for juice and cider and to coffee interests in Colombia, alongside a stated preference for local suppliers and protection of water sources.

New categories and channels

Beer, vending and bottle-to-bottle recycling widen the system

Kofola entered Czech brewing through Holba, Zubr and Litovel, regional names made in Hanušovice, Přerov and Litovel. It completed the purchase of Slovak vending operator ASO VENDING in August 2025 and invested in General Plastic, whose Kolárovo and Senica facilities convert used PET into flakes, granulate and new bottle preforms.

Current 2026 update

What has changed in 2026?

Q1 2026 · 2 June 2026

Q1 2026latest official update
4company-specific highlights
+8%2026 stock return · context only

Group revenue

Kofola reported a 13% year-on-year increase in Q1 group revenue.

Q1 2026 · +13.0%

EBITDA

Q1 EBITDA increased 15% year on year.

Q1 2026 · +15.0%

Czech and Slovak soft-drinks revenue

Organic revenue in Kofola's core Czech and Slovak soft-drinks segment grew by nearly 10%.

Q1 2026 · nearly 10%

Zubr brewery export headwind

Zubr brewery export sales fell 21%, contributing to a 5% decline in its total quarterly revenue.

Q1 2026 · -5.0%

Annual record

Ranking history

Future editions add rows; they do not rewrite the 2026 record.

EditionMeasurement periodRankRevenue growthNet-income growthStock return
2026FY2022–FY202573+37%+150%+128%