The Luxembourg brewing group, Brasserie Nationale-Bofferding, has reported a net profit of €3.9m (US$4.2m) for 2002, up by 23.1% from 2002.

Turnover at the company rose by €696,000 to €21.3m (US$22.9m), while output was up 1.8%. The company’s market share rose from 39.5% in 2001 to 42.4% in 2002.