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United Breweries LimitedImportant, 24-10-2024: Financial Result Updates

24-10-2024 · 04:37 pm

United Breweries Limited's Board approved unaudited financial results for Q2 2024, reporting a 12% increase in net sales and a 5% rise in overall volume, with premium segment volume up 27%. Gross profit margins declined slightly to 43.8%. The Board also appointed Dr. Ranjan Ramdas Pai as a Non-Executive Independent Director for a five-year term. Additionally, the company plans significant investments in its brands and recovery initiatives in response to market opportunities.

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