WKD Owner Reports Strong Results

Belfast-based SHS Group, the owner of the WKD alcopop brand, has reported strong results according to The Sunday Times.

The company made around €24.8 million profit last year and sales rose slightly. It had strong trading for the year which resulted in nearly £115 million of retained profits. It had revenues of £393.3 million for the year to 3 January.

According to the paper, the Sloan and Salters families who own SHS were paid a £6 million dividend, the same as the previous year.

Apart from WKD, the group makes several other well-known beverages such as Shloer and Merrydown Cider, and is the number one manufacturer of ready to drink beverages in the UK. The group also consists of a successful condiments and sauces division.