Quilmes Industrial (Quinsa) Announces Volumes for the First Quarter 2005
April 26 2005 - 5:30PM
PR Newswire (US)
Quilmes Industrial (Quinsa) Announces Volumes for the First Quarter
2005 LUXEMBOURG, April 26 /PRNewswire/ -- Quilmes Industrial
(Quinsa) S.A. (NYSE:LQU) today announced the volumes for the first
quarter of 2005. Volumes for each business segment and percent
change compared to the same period in 2004 were as disclosed in the
table below: 1st Quarter % Change 1st Quarter 2005 2004 Volume
Volume ('000 hls) ('000 hls) Argentina Beer 3,346 5.7 3,165 Soft
drinks & Other 2,015 21.5 1,658 Bolivia -- Beer 527 5.2 501
Chile -- Beer 127 18.7 107 Paraguay -- Beer 587 10.8 530 Uruguay
Beer 203 25.3 162 Soft Drinks & Other 85 19.7 71 Intercompany
(29) -- (19) TOTAL -- Beer 4,763 7.1 4,446 TOTAL -- Soft Drinks
2,098 21.3 1,729 ABOUT QUINSA Quinsa is a Luxembourg-based holding
company that controls 87.6 percent of Quilmes International
(Bermuda) ("QIB"). The remaining 12.4 percent stake is held by
Beverage Associates (BAC) Corp. ("BAC") and by Companhia de Bebidas
das Americas -- AmBev ("AmBev"). Quinsa, through QIB, controls
beverage and malting businesses in five Latin American countries.
Its beer brands are strong market leaders in Argentina, Bolivia,
Paraguay and Uruguay and have a presence in Chile. Further,
pursuant to the Company's strategic alliance with AmBev, it has
entered into license and distribution agreements to produce and
sell the AmBev brands in Argentina, Bolivia, Paraguay and Uruguay.
Similarly, under the agreements, AmBev may produce and distribute
Quinsa's brands in Brazil. The Company also has bottling and
franchise agreements with PepsiCo, and thus accounts for 100% of
PepsiCo beverage sales in Uruguay and more than 80% of PepsiCo
beverage sales in Argentina. Quinsa's Class A and Class B shares
are listed on the Luxembourg Stock Exchange (Reuters codes: QUIN.LU
and QUINp.LU). Quinsa's American Depository Shares, representing
the Company's Class B shares, are listed on the New York Stock
Exchange (NYSE:LQU). Quinsa's web address: http://www.quinsa.com/
or http://www.quinsa.com.ar/ DATASOURCE: Quilmes Industrial
(Quinsa) S.A. CONTACT: Francis Cressall, Quilmes Industrial
(Quinsa) S.A., +011-54-11-4349-1846 Web site:
http://www.quinsa.com/ http://www.quinsa.com.ar/
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