BELGIUM: Duvel Moortgat set for turnover growth

By just-drinks.com editorial team | 30 January 2002

Belgian brewery, Duvel Moortgat, is forecasting a 7.5% rise in turnover for 2001, according to chairman Michel Moortgat. The brewer, which will publish its financial results in March, recorded turnover of EUR24.9 million ($21.5 million) for the first six months of 2001, up 7.5% from 2000 while net profit fell by 7.5 pct year-on-year to EUR3.0 million ($2.6 million).

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Belgian brewery, Duvel Moortgat, is forecasting a 7.5% rise in turnover for 2001, according to chairman Michel Moortgat. The brewer, which will publish its financial results in March, recorded turnover of EUR24.9 million ($21.5 million) for the first six months of 2001, up 7.5% from 2000 while net profit fell by 7.5 pct year-on-year to EUR3.0 million ($2.6 million).

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