Today’s news / State Drinks reports significant revenue growth

State Drinks reports significant revenue growth

State Drinks, co-owned by athletes Christian Eriksen and Caroline Wozniacki, released their annual financial report showing major success. In the last year, the company achieved a gross profit of nearly 11 million Danish kroner and a sales growth of 40 percent compared to the previous year. The firm reported a profit of 839,503 kroner. Marketed as ‘functional drinks,’ their products include caffeine and vitamins, featuring sports stars as ambassadors. The past year saw significant investments in marketing domestically and internationally. State Drinks is developing new products and focusing on export, anticipating strong growth in 2024. Salaries in the company rose by about 3 million from the previous year. Founded by former footballers and businessmen Jon Andersen and Kim Have in 2014, State Drinks launched in 2015.