The French wines and spirits group, Belvedere, has reported sales of €155.2m (US$174.8m) for the first half of 2003, an increase of 51.6% from €102.4m (US$115.3m) in the first half of 2002.
The company recorded a 65% increase in turnover for the second quarter from €52.2m to €85.9m (US$96.7m).
Belvedere is active in spirits production in Eastern Europe, particularly in Poland which accounts for 93% of its total business.
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