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February 05, 2016 8:34 PM ET

Beverages

Company Overview of Red Bull GmbH

Company Overview

Red Bull GmbH produces and markets energy and sugar free drinks to customers in Austria and internationally. The company was founded in 1984 and is based in Fuschl am See, Austria.

Am Brunnen 1

Fuschl am See,  5330

Austria

Founded in 1984

Phone:

43 662 6582 0

Fax:

43 662 6582 7010

Key Executives for Red Bull GmbH

Founder and Managing Director
General Counsel
Compensation as of Fiscal Year 2015.

Red Bull GmbH Key Developments

Red Bull GmbH Announces Consolidated Earnings Results for the Full Year of Fiscal 2014

Red Bull GmbH announced consolidated earnings results for the full year of fiscal 2014. For the year, the company announced profit reportedly grew 1.45%, far slower than in recent years. The company made a net profit of EUR 370 million (AUD 584.3 million). Revenues rose 5% to EUR 2.66 billion, but were outweighed by major marketing cost for Red Bull. The operating profit therefore fell 19% to EUR 333 million. The entire group collected revenues of EUR 5.11 billion, 1.45% higher than in 2013.

Rabie Creditors Come To An Agreement Over Sale

Banco de Credito e Inversiones (SNSE:BCI), Unilever plc (LSE:ULVR) and Distribuidora Rabie S.A.'s own workers have come to an agreement over the sale of Rabie's assets. Only proposals above CLP 18 billion will be accepted on July 30, 2015. There are three potential candidates for such assets. There is speculation that Red Bull GmbH and La Caserita could be behind the assets in question. Rabie's creditors will have to vote on the proposals received and this could take place early in August 2015, although it could be brought forward.

Red Bull To Reportedly Sell New York Red Bulls

Red Bull GmbH is looking to sell Anschutz N.Y. Soccer, Inc., New York Post reported. The sale is probably not happening anytime soon according to Jason Ader, who tried to buy Anschutz N.Y. Soccer, Inc. a few months ago.

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