USA: BAESA reports fourth quarter and twelve months fiscal year 2000 results

By Company Press Release | 15 November 2000

Buenos Aires Embotelladora S.A. (BSE:BAES) yesterday announced its results for the fourth quarter ended September 30, 2000, in accordance with generally accepted accounting principles in Argentina ("Arg. GAAP").Net ordinary results before extraordinary items for the quarter ended September 30, 2000, improved to a loss of US$ 9.0 million, from a loss of US$ 14.9 million, for the same quarter last year. Net loss after extraordinary items was US$ 9.4 million compared to a loss of US$ 44.6 million for the prior year period. The net losses before and after extraordinary items for the quarter ended September 30, 1999 include a US$ 0.2 million profit from beer sales stemming from a distribution agreement that has since been terminated.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

Buenos Aires Embotelladora S.A. (BSE:BAES) yesterday announced its results for the fourth quarter ended September 30, 2000, in accordance with generally accepted accounting principles in Argentina ("Arg. GAAP").Net ordinary results before extraordinary items for the quarter ended September 30, 2000, improved to a loss of US$ 9.0 million, from a loss of US$ 14.9 million, for the same quarter last year. Net loss after extraordinary items was US$ 9.4 million compared to a loss of US$ 44.6 million for the prior year period. The net losses before and after extraordinary items for the quarter ended September 30, 1999 include a US$ 0.2 million profit from beer sales stemming from a distribution agreement that has since been terminated.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page