Harboes Bryggeri A/S

Skælskør, 2014-12-22 13:16 CET (GLOBE NEWSWIRE) --  

CEO Bernhard Griese on the interim report:

"It is encouraging to see that our international strategy of focusing on our own brands is working as intended with increased sales and improved earnings margins. On the Northern European markets, we are still challenged by fierce competition and pressure on prices, but we are able to maintain our well-established position and continuously strive to optimise our business and partnership with our customers to minimise our sensitivity to fluctuations and competition as much as possible. At the same time, we are really seeing the benefits of the past years' investments in energy optimisation and efficiency measures, ensuring considerable operational savings. We therefore revise our outlook upwards for the full year.

We remain in certain parts of the Group's geographical markets challenged by difficult conditions under which dampens growth , and we also expect H2 to present significant challenges. But we continue our efforts in our strategic focus areas and expect them all to make a positive contribution to results in 2014/2015."

Bernhard Griese

CEO





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