19.Feb .2020 18:40

How much revenue does Jacobs have in Georgia?

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Dutch company Jacobs Douwe Egberts is one of the largest players of the world’s instant coffee market.

According to the company’s annual report, Jacobs’ revenue has made up € 5.9 billion globally in 2018. Jacobs’ brands include Jacobs, as well as Douwe Egberts, L'OR, Carte Noire, Cafe Pele and other brands.

According to the audit report of Jacobs Douwe Egberts’ Georgian subsidiary, Jacobs received a revenue of 26,424,126 GEL from the Georgian market in 2018, which is 0.15% of global sales.

The document shows that the net profit of Jacobs Douwe Egberts during the year amounted to GEL 7,353,223.