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Bass PLC reports holiday growth.

England's Bass PLC reported the company saw some improvement in its brewing and pub business during the Christmas holiday period, but was unsure about how long the upswing might last.

During Bass' annual shareholders' meeting, chairman Ian Prosser also announced that soft drinks volumes were down slightly through the year ended September 30, 1992, due to competition from lower-cost products.

Prosser said Bass saw a pretax profit of 501 million pounds at the year-end. This figure was down, however, from analysts' estimate of earnings between 575 million and 625 million pounds.
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Title Annotation:1992 Christmas season boosts firm's earnings
Publication:Modern Brewery Age
Date:Feb 8, 1993
Words:91
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