Dutch brewer, Grolsch, posted a net profit for 2001 of €28.6m against €27m in 2000, an increase of 6%. The company, the second largest brewer in the Netherlands after Heineken, said it anticipated further net profit growth in 2002.

The 2001 profit figure was broadly in line with analysts' forecasts though at the lower end of the range. "For 2002 we expect continuing growth of volumes, operating profits and net profits," the company said.