Not bad for a rainy summer
For the fiscal year ending 31 March 2005, Plzensky Prazdroj, a. s., the Czech unit of SABMiller, reported that revenue was up 4 percent to CZK 13.1 billion, operating profit up 14.5 percent to CZK 4.17 billion, and net profit up to CZK 2.96 billion despite the cool weather during the summer of 2004.
With a local market share touching 50 percent, Prazdroj is increasingly looking for expansion abroad. According to company news, Prazdroj sold 9.7 million hl of beer during fiscal 2005, up 200,000 hl against the previous year. Exports, up 13 percent, were 1.7 million hl of this. Accession to the EU, with the removal of border tariffs, was a help in this growth. Virtual exports - licensed production - in Slovakia, Poland, and Russia passed the one million hl mark. ...
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