E-Malt.com News article: 422

The Danish brewing group, Bryggerigruppen, has registered good results for the first nine months of 2002. It reported a net profit of DKR114.2m ($15.3m/EUR15.4m), up 37% from DKR83.3m ($11.1m/EUR11.2m) for the corresponding period last year.
Pre-tax profits for the nine months to September increased to DKR175.7m ($23.5m/EUR23.7m) from DKR127.5m ($17m/EUR17.2m) while operating profit rose by 9% to DKR194.5m ($26m/EUR26.2m).

Bryggerigruppen's net turnover for the nine-month period rose by 4% to DKR2.159 billion ($288.3m/EUR290.8m). However, the company has lowered its pre-tax profit forecast for 2002 from between DKR230m and DKR260m to between DKR220m and DKR230m.


28 November, 2002