SOUTH AFRICA: KWV maintains headline earnings in tough conditions

By Arnold Kirkby | 30 March 2001

The KWV Group succeeded in not only maintaining its headline earnings for the six-month period to 31 December 2000, but achieved a 1.9% increase. This is in spite of a 20.8% reduction in the attributable income from the group's associate company Distell and continued pressure on sales in the local liquor market.

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The KWV Group succeeded in not only maintaining its headline earnings for the six-month period to 31 December 2000, but achieved a 1.9% increase. This is in spite of a 20.8% reduction in the attributable income from the group's associate company Distell and continued pressure on sales in the local liquor market.

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