UK: S&N reports 28% profit rise in H1
By just-drinks.com editorial team | 3 December 2002
The UK-based brewing combine, Scottish & Newcastle (S&N), posted pretax profit before goodwill and exceptionals of £309.8m for the first half of the current fiscal year, 28% up on the first six months of last year. However, group operating profit fell from £258.1m to £238.4m. Turnover rose from £2.18 billion to £2.59 billion.
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The UK-based brewing combine, Scottish & Newcastle (S&N), posted pretax profit before goodwill and exceptionals of £309.8m for the first half of the current fiscal year, 28% up on the first six months of last year. However, group operating profit fell from £258.1m to £238.4m. Turnover rose from £2.18 billion to £2.59 billion.
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