Price Increases And Soft Drink Sales Boost Quilmes Results

Beverage firm Quilmes Industrial, which operates in Latin America and is owned by brewing giant Ambev, has reported fairly strong 2007 figures. The firm has reported a 17.9% increase in earnings before interest, tax, depreciation and amortisation to reach US$314.2mn and an 18.9% increase in net revenues to reach US$1,389mn. The firm performed particularly well in Argentina, where it controls around 75% of the market, and also did well in Bolivia and

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