GERMANY: Brau Holding hopeful for strong 2006

By | 29 November 2006

Brau Holding International is targeting a 15% increase in earnings before interest and tax this year.

The brewer, a joint venture between Heineken and German conglomerate Schörghuber Corporate Group, said yesterday (28 November) that it also expects sales for 2006 to increase, by 13% to around EUR800m (US$1.05bn).

Earlier this year, the company parted company with its CEO, Wolfgang Salewski, who was replaced by Dr. Friedrich Hoepfner, currently managing director of two other BHI breweries, Hoepfner and Fürstenberg.

BHI is the third largest brewer in Germany, behind German family-owned food group Dr. Oetker and  InBev Deutschland. The company holds between 20% and 30% market share in the south of the country, according to German News Digest.

Sectors: Beer & cider

Companies: Heineken, InBev

View next/previous articles

Currently reading -

GERMANY: Brau Holding hopeful for strong 2006

There are currently no comments on this article

Be the first to comment on this article

Related articles

DENMARK: Carlsberg interested in Champions League

Carlsberg has shown interest in becoming the main sponsor for the Champions League, which is currently sponsored by Heineken.

UK: Heineken coverage raised on US growth potential

Two brokers have reviewed their coverage of Heineken.

UK: InBev launches Famille Artois campaign

InBev UK has launched an advertising campaign for La Famille Artois focussing on the heritage of the family brand.

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