The Czech brewer, Prazske Pivovary, has posted a profit of CZK93.6m for the nine-month period from January to September 2002, against a loss of CZK119m in the corresponding period last year. Sales rose by 9.7% to just over CZK2.3 billion.

Volumes increased by 3.4% to 1.972m hls, with exports up by 14.5% at 267,700 hls. Prazske is the second largest Czech beer producer with around 14% of the market.

The company, part of the Interbrew group, also announced this week the appointment of Vincent Lefere as its new chief executive officer. Lefere, who will take up his appointment on November 18, joins the company from Interbrew Romania and has been with Interbrew for 12 years.