Mahou makes history with a turnover of 108 million euros in 2023

The company achieves record sales with the highest turnover of all time.

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Mahou San Miguel closed 2023 making history. A year in which, thanks to a series of strategies such as the modernization of its production centers, the promotion of initiatives to support customers and professionals or its sustainable progress, it has achieved its highest turnover to date. A 6.1% increase compared to 2022, in which it already set a sales milestone with 1,917.3 million euros. This rise has been translated into numbers: 108 million euros in 2023.

Thus, the brewer’s sales amounted to 21 million hectoliters (+0.5%), of which 16.2 million hectoliters corresponded to beer (+0.4%), and 4.8 million hectoliters to its water business (+0.8%). Both managed to grow above the national beer sector.

2023 has been a very good year. We are very happy with what we have achieved, because we are a larger, more profitable and diversified company,’ said Mahou San Miguel’s CEO, Alberto Rodríguez-Toquero, during the presentation of the brewery’s results.

From now on, Mahou will invest these profits in implementing its internationalization in Europe and the United States, specifically 50 million in order to expand San Miguel to more markets and continue developing the business in the future.