Price increases boosted sales for brewer and soft drinks maker Anadolu Efes in 2009.
Net sales rose by 4% for the 12 months to the end of September, to TRY3.8bn (US$2.5bn) from TRY3.67bn in 2008, Anadolu Efes said last week.
Price rises helped the Turkey-based group to overcome a 1.9% fall in beer volumes.
Soft drinks, meanwhile, was the main driver of a 3% rise in group volume sales. Soft drinks sales rose by 10% in volume for the year.
Operating profits for the year rose by 3% to TRY648m.
Net profits jumped by 36.5% to TRY422.6m, largely boosted by interest income from more than TRY1bn in cash reserves.
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By GlobalDataAt the same time, the firm said that it has reduced net debt to TRY783m, from TRY1.1bn at the end of 2008, giving the group a net debt/ebidta ratio of 0.9.
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