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CASTLE MALTING NEWS in partnership with www.e-malt.com 
28 November, 2002
The Danish brewing group, Bryggerigruppen, has registered good results for the first nine months of 2002. It reported a net profit of DKR114.2m ($15.3m/EUR15.4m), up 37% from DKR83.3m ($11.1m/EUR11.2m) for the corresponding period last year.
Pre-tax profits for the nine months to September increased to DKR175.7m ($23.5m/EUR23.7m) from DKR127.5m ($17m/EUR17.2m) while operating profit rose by 9% to DKR194.5m ($26m/EUR26.2m).
Bryggerigruppen's net turnover for the nine-month period rose by 4% to DKR2.159 billion ($288.3m/EUR290.8m). However, the company has lowered its pre-tax profit forecast for 2002 from between DKR230m and DKR260m to between DKR220m and DKR230m.
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This article is courtesy of E-malt.com, the global information source for the brewing and malting industry professionals.
The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .
