FRANCE: Belvedere cuts operating loss to €1.4m
The French alcohol producer Belvedere reported 2001 unaudited net attributable profit of €2.2m (US$1.9m), compared to a €13.7m net attributable loss for 2000. However the company still recorded a €1.4m operating loss for 2001, though this compares to a €3.5m operating loss in 2000.