News

LUXEMBOURG: Quinsa increases sales, profit

Most popular

What rum needs to do to recognise its potential

A-B InBev's Craft Brew Alliance purchase - Comment

Technology bringing tasting events closer to home

Why single malt should ignore its core consumer

Can alcohol slow the onset of dementia? - analysis

MORE

Beer group Quinsa increased revenue by nearly a third in the first half of 2008, it has announced.

The Luxembourg-based firm, which has licences to produce and sell AmBev beer brands in Argentina, Bolivia, Chile, Paraguay and Uruguay, said today (15 August) the rise was due to both higher beer prices and improved volumes. 

Net profit after tax increased to US$ 148.2m, compared to US$ 100.2m in 2007. Beer volumes rose 12% to 9.5m hectolitres, while soft drinks volumes increased 10% to 6.3m hl.

AmBev yesterday praised Quinsa's performance, despite what it described as challenging conditions in the group's Argentinian heartland.


Related Content

BELGIUM: AmBev restarts Quinsa share offer

BELGIUM: AmBev restarts Quinsa share offer...

BELGIUM: InBev profit and sales up in Q3

BELGIUM: InBev profit and sales up in Q3...

Anheuser-Busch InBev deal good for shareholders - Craft Brew Alliance CEO

Anheuser-Busch InBev deal good for shareholders - Craft Brew Alliance CEO...

Anheuser-Busch InBev ad warns Budweiser drinkers to hydrate - video

Anheuser-Busch InBev ad warns Budweiser drinkers to hydrate - video...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?