CANADA: Earnings flat at Big Rock
Earnings before interest, taxes, depreciation and amortization at Big Rock Brewery stood at C$3.76m for the year to the end of March 2002, down marginally from last year's figure of C$3.78m. Net income for the year fell by 9.6% to C$1.22m. Sales rose from C$32.2m to C$34.5m. Big Rock attributed the sales growth principally to increased shipments to Alberta, British Colombia and Ontario, the company's three largest markets. Volumes were 6% higher at 127,516 hls.