GERMANY: Jaegermeister 2004 figures leap
Jaegermeister has posted its figures for last year. The German family-owned distiller said yesterday (4 May) that net profit for 2004 leapt to €69.6m (US$90.2m) compared to €49.7m in 2003.
While operating profit increased by €23.2m to €95.5m, turnover also posted an increase, to €293m from €251m a year earlier.
Jaegermeister's CEO, Hasso Kaempfe, said yesterday that the company continues to generate most of its turnover from foreign markets - 69% - with the US being its largest contributor, followed by Germany and then Italy.
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