Notwithstanding lower volumes, gross margins improved with operating income
before interest and amortization holding relatively steady at $1.2 million compared
to $1.3 million last year. Cash generated over the six months was $792,000 compared
to a cash decrease of $473,000 the previous year.
USA: Brick Brewing Announces Six Month Results
Brick Brewing Co. Limited of Waterloo, Ontario announced today its six month financial results for the period ending July 31, 2000. Net earnings for the six months were $329,000 compared to $451,000 the previous year based on sales of $11.8 million compared to $13.8 million the previous year.