AUSTRIA: Brau Union sales and profit rise in 2003
Brau Union Austria has seen a rise in sales and net profit for 2003. The brewer, a subsidiary of Heineken, posted a net profit of €28.86m (US$34.15m) compared to €21.42m in 2002. Sales hit €580.09m, up from €570.16m year-for-year.
The company credited the rises to its business operations in central Europe, and sales increases of its Goesser, Zipfer, Schwechater and Puntigamer brands.
Brau Union Austria was formed last year after Heineken purchased Austrian brewery Brau-Beteiligungs-Aktiengesellschaft for €2.0 billion.
Dutch brewer Heineken is rumored to have released a self-chilling beer can....
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs....
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today....
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year....
Heineken said yesterday that its Austrian subsidiary Brau Union AG has signed an agreement for the divestment of its Real Estate Division. This division comprises all non-business related real estate ...
Heineken has acquired a 40% stake in a Chinese brewery....
Heineken Espana is looking to invest heavily in a new plant in southern Spain....
Grupo Empresarial Bavaria is not looking to sell up, its president has confirmed....
- No Home Comfort for TWE as Bids Collapse
- Treasury Wine Estates: Here I Go Again On My Own
- Bacardi Seeks Own History at Bombay Sapphire Home
- Will low-alcohol wines wither on the vine?
- Private-equity bids "over" - TWE head
- Diageo's Johnnie Walker hit by Travel Retail slump
- Carlsberg suspends production at Russian brewery
- Treasury Wine Estates pulls plug on takeover talks
- Anheuser-Busch InBev appoints new AmBev CEO
- Quintessential Brands changes MD at Essential unit