CANADA: Molson's Brazilian operations drive growth
The Canadian brewer Molson has seen its Brazilian operations drive earnings for the third quarter up 49%. The results were despite a toughening market at home. Molson acquired Brazil's Kaiser brewery in March 2002. And the business helped Molson earn C$67.0m (US$44.1m), or 52 Canadian cents a share, for the quarter, up from C$45.0m in the period a year earlier.
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