Harboes Bryggeri A/S, Half Year Financial Report

for the period 1 May - 31 October 2010


Skaelskoer, 2010-12-28 15:50 CET (GLOBE NEWSWIRE) --

CEO Bernhard Griese on the interim report:

“The underlying operations of the company are extremely healthy, which means that we maintain very solid earnings.

The positive developments are primarily driven by our focus on quality and reliability of delivery, efficient production and flexible capacity utilisation. At the same time, we continue to expand the activity level within our strategic development areas, e.g. our export activities which were further strengthened in Q2 through new agreements and products. Malt extract is another focus area, and sales are developing positively and in line with the plans laid down. It is, to a wide extent, the strategic development areas which will drive Harboe’sfuture value creation, and we continue to strengthen these activities, e.g. through new competencies within development and sales.

We expect to see continued positive developments also in the next six months. We are well geared to maintain our position in the main markets and expect improved earnings for the year as a whole relative to last year despite the fact that we are still exposed to market fluctuations and increasing competition.”

 

Bernhard Griese

CEO


Attachments

Delaarsrapport H1 2010-2011 ENG.pdf
GlobeNewswire

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