CZECH REPUBLIC: Budvar expects profits increase as exports grow
Budejovicky Budvar, the maker of Czech beer brand Budweiser Budvar, announced yesterday it expects profit increases of between 3% and 4% in comparison to the 2000 financial year. In a press conference, company general director Jiri Bocek said profits should reach around CZK460-470m. Production meanwhile should be approximately 1.34mhl, close to the levels of last year.
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