LATVIA: Cesu Alus sees strong start to 2007

By | 9 July 2007

Cesu Alus has posted a healthy increase in sales for the first six months of this year.

The Latvian brewer said today (9 July) that beverage sales to June were up 37% on the corresponding period a year earlier, reaching 236.3m litres. Beer sales increased by 32% to 18.5m litres, with sales of cider and other drinks up by 87%. Cesu Alus highlighted an impressive performance in the six-month period from its energy drink portfolio.

Estonian brewer A. Le Coq owns 96% of Cesu Alus. The Estonian group is a subsidiary of Finnish drinks group Olvi Oy.

Last year, the company reversed a loss in 2005 to deliver a profit of LVL27,300 (US$53,000).

Sectors: Beer & cider, Soft drinks

Companies: Olvi

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