05 March, 2003

Kopparbergs Bryggeri, the Swedish brewing group, has posted a pre-tax profit for 2002 of SKr2.2m (€242,000), versus a pre-tax loss of SKr2.9m (€319,000) for 2001. The company has registered a 35.6% turnover rise up to SKr595.5m (€65.4m). The company said its 2002 results had been adversely affected by one-time costs of SKr4.9m (€538,000) in relation to its acquisition of rival brewer, Banco Bryggeri AB, and by additional costs off SKr2.0m (€220,000).

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