CANADA: Good cheer for Molson investors as growth on horizon
By Keith Nuthall | 29 June 2001
Molson shareholders were given good tidings at an annual shareholders meeting in Montreal, where it was reported that the Canadian beer giant made profits of C$133.9m (US$88.1m) for the year ended in March, compared to a loss of C$44m last year. The brewery claimed that as a result, its share price has increased by 88%, which it says is higher than any other major brewer worldwide.
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Molson shareholders were given good tidings at an annual shareholders meeting in Montreal, where it was reported that the Canadian beer giant made profits of C$133.9m (US$88.1m) for the year ended in March, compared to a loss of C$44m last year. The brewery claimed that as a result, its share price has increased by 88%, which it says is higher than any other major brewer worldwide.
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