Sumol+Compal sees record soft drink sales

Soft drink producer Sumol+Compal achieved record sales in Portugal last year despite the government’s introduction of a ‘sugar tax’ on drinks with added sugar or sweeteners.

The company cites good weather, higher tourist numbers and an improved level of consumer confidence for pushing up its unit sales 2.2%. This was against a 6.2% fall in total market volume due to the ‘sugar tax’ which saw prices increase by 15%.