Industry / Argentina
Price Increases And Soft Drink Sales Boost Quilmes Results
March 2008 | Company News AlertBeverage 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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