Phoenix Beverages Group

History

Phoenix Beverages Group, founded in 1931, is the leading beverage manufacturer in Mauritius. Originally known for its flagship Phoenix Beer, the company has diversified into soft drinks, bottled water, wines, and spirits. It is the authorized bottler for The Coca-Cola Company and Diageo products in Mauritius. Over the years, Phoenix Beverages has expanded its market presence beyond Mauritius, distributing its products in the Indian Ocean region and beyond.

Financial Performance

For the fiscal year ending June 30, 2023, the company reported a turnover of MUR 10.6 billion. Earnings before interest and taxes (EBIT) reached MUR 890 million, while net profit after tax stood at MUR 732 million. The company’s EBITDA was MUR 1.435 billion, reflecting its strong financial standing. It also declared a dividend per share of MUR 16.00, highlighting its commitment to shareholder returns.

Leadership

Phoenix Beverages Group is led by an experienced management team:

• Bernard Theys – Chief Executive Officer since 2013, responsible for overseeing the company’s overall strategy and growth.
• Patrick Rivalland – Chief Operating Officer and Chief Financial Officer since 2012, managing financial performance and operational efficiency.

The company continues to maintain a strong governance structure with a board of directors ensuring strategic alignment and sustainable growth. Through its diversified product portfolio, international expansion, and strong leadership, Phoenix Beverages Group remains a key player in the beverage industry in Mauritius and the region.