POLAND: CEDC sales and profits up
Central European Distribution Corporation yesterday announced un-audited net income for the second quarter of 2004 of approximately US$4.57m, compared to US$3.46m for the same period in 2003.
Un-audited net sales for the second quarter of 2004 were approximately US$133m compared to US$105.1m for the same period in 2003.
The company said it stood by its previously-announced full year 2004 guidance with net sales in the range of US$543m to US$553m and fully diluted earnings per share in the range of US$1.28 to US$1.33.
CEDC is a leading importers of beers, wines and spirits, as well as the largest distributor of domestic vodka on a nationwide basis in Poland.
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