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5 Aug, 2008 03:16

Baltika brews H1 Net profit increase of 13.5%

Baltika brews H1 Net profit increase of 13.5%

Russia’s largest brewer, Baltika has unveiled a H1 Net Profit under IFRS of €213.6 Million, a Year on Year increase of 13.5%.

Beer sales were up 6.1% to 23.2 million hectolitres, leading to a 16% increase in sales revenues for the half to more than €1.2 Billion. EBITDA rose 13% to €359 Million.

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