HUNGARY: Dreher profits knocked back by austerity measures

By just-drinks.com editorial team | 25 September 2006

SABMiller's Hungarian subsidiary has warned that recent economic and political developments in the country will hit profits this year by almost a third. At a press briefing in Hungary today (25 September), the managing director of Dreher Breweries, Hector Gorosabel, said that the introduction of the country's 'austerity programme' this year would take about 30% off the unit's profits in 2006.

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SABMiller's Hungarian subsidiary has warned that recent economic and political developments in the country will hit profits this year by almost a third. At a press briefing in Hungary today (25 September), the managing director of Dreher Breweries, Hector Gorosabel, said that the introduction of the country's 'austerity programme' this year would take about 30% off the unit's profits in 2006.

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