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CHILE: CCU volumes up in mixed third quarter

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Chile’s leading brewer, CCU , has reported a 3.6% rise in sales volumes for the third quarter despite the economic crisis in Argentina, which adversely affected wine sales by 14.2% compared to the same period a year ago.

Total sales reached 2,187,244 hectolitres. The figure includes beer and wine sales in both Chile and Argentina and soft drinks, nectar juices and mineral water in Chile.

Wine though could not hold back an overall rise in Argentina of 13.9% to 326,775 hectolitres.

Chilean volumes were up 2% to 1,860,469 hectolitres. The volumes were hit by a drop in beer abd soft drink, the company’s leading sectors, of 0.4% and 1.4% respectively.

CCU said it will release its third quarter consolidated results during November.


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