# Olvi Oyj

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/olvi).

## Overview

Olvi is a Finnish beverage company that produces and markets a wide range of alcoholic and non-alcoholic drinks. The company operates primarily in Finland, the Baltic Sea region, and Belarus, with a strong presence in the hotel, restaurant, and retail sectors. Olvi is known for its diverse product portfolio, which includes beers, ciders, soft drinks, and energy drinks. The company is actively expanding its non-alcoholic product range and has made strategic acquisitions to enhance its market position.

## Products & services

• Beers and ciders
• Soft drinks and energy drinks
• Mineral water
• Kvass
• Equipment services

- **Alcoholic Beverages** (55%) — Includes beers and ciders
- **Non-Alcoholic Beverages** (45%) — Includes soft drinks, energy drinks, and water

- Beers and ciders
- Soft drinks and energy drinks
- Mineral water
- Kvass
- Equipment services

## Customers

Olvi's customer base includes retail consumers, hotels, restaurants, and cafes (HoReCa), as well as cross-border and harbor sales. The company caters to a wide range of consumer preferences with its diverse product portfolio. Retail consumers are drawn to Olvi's well-known brands and the quality of its beverages. The HoReCa sector values Olvi for its reliable supply chain and ability to meet varying demand levels, especially during peak seasons. Cross-border and harbor sales benefit from Olvi's strategic geographic locations, enhancing accessibility and convenience for international customers.

- **Retail Consumers** (primary) — Purchase for personal consumption, attracted by brand and quality
- **HoReCa** (primary) — Buys for service industry needs, values reliability and variety
- **Cross-Border Sales** (secondary) — International customers seeking convenience and accessibility

- Retail consumers buy for brand recognition and quality.
- HoReCa sector values reliable supply and diverse offerings.
- Cross-border sales benefit from strategic geographic locations.
- Harbor sales cater to international travelers and tourists.

## Geography

Olvi operates predominantly in Finland, the Baltic Sea region, and Belarus, with a growing presence in the Balkans and Mediterranean through strategic acquisitions. The company's headquarters are in Finland, where it also has significant production facilities. The Baltic Sea region is a key market due to its proximity and cultural ties. Belarus provides a unique market with its own operational challenges and opportunities. Olvi's geographic strategy involves expanding its footprint in Europe while maintaining strong market positions in its core regions.

- Headquartered in Finland with major production facilities.
- Strong market presence in the Baltic Sea region.
- Operations in Belarus with unique market dynamics.
- Expanding into the Balkans and Mediterranean.

## Strategy

Olvi's strategic priorities include expanding its non-alcoholic product range and enhancing operational efficiency. The company is focused on maintaining and growing its market shares across all product categories. Strategic acquisitions, such as the purchase of Estonia's leading mineral water manufacturer, are key to Olvi's growth strategy. The company is also investing in sustainable practices to align with EU regulations and improve its environmental footprint. Olvi aims to balance growth with profitability by optimizing its product portfolio and improving cost management.

- **Expand non-alcoholic product range** (medium-term) — To capture growing consumer demand
- **Improve operational efficiency** (short-term) — To enhance profitability

- Expanding non-alcoholic product range for market growth.
- Enhancing operational efficiency to improve margins.
- Strategic acquisitions to strengthen market position.
- Investing in sustainability to meet EU regulations.

## Risks

Olvi faces several risks, including geopolitical tensions affecting raw material prices and availability, particularly in Belarus. Consumer behavior changes, driven by economic uncertainty and high prices, pose a risk to sales volumes. The company is also exposed to regulatory changes, such as the EU Packaging and Packaging Waste Regulation, which may increase operational costs. Additionally, cybersecurity threats are a growing concern due to the global geopolitical situation. Olvi mitigates these risks through strategic planning, operational efficiency, and a strong focus on sustainability.

- **Geopolitical tensions** [high] — Affect raw material prices and availability
- **Regulatory changes** [medium] — Increase operational costs

- Geopolitical tensions affecting raw material prices.
- Economic uncertainty impacting consumer behavior.
- Regulatory changes increasing operational costs.
- Cybersecurity threats due to geopolitical situation.

## Accounting

Olvi's financial reporting is influenced by seasonal fluctuations, which affect revenue and operating results. The company uses adjusted operating results to provide a clearer comparison between periods, accounting for any items affecting comparability. Depreciation and impairment are significant due to the company's substantial investments in property, plant, and equipment. The valuation of the Belarusian business segment is closely monitored due to the volatile operating environment. Lease accounting under IFRS 16 impacts Olvi's financial statements, particularly in terms of liabilities and asset recognition.

- **Seasonal fluctuations**
- **Adjusted operating results**
- **Depreciation and impairment**

- Seasonal fluctuations affect revenue and operating results.
- Adjusted operating results used for period comparison.
- Significant depreciation and impairment from investments.
- Valuation of Belarusian segment monitored for volatility.
- Lease accounting impacts liabilities and asset recognition.

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*Last updated: 2026-08-11T04:04:55.036167+00:00*
