6-K 1 volumes.htm CCU ANNOUNCES FIRST QUARTER 2003 VOLUMES FOR IMMEDIATE RELEASE

 

FOR IMMEDIATE RELEASE

For more information contact:

Luis Eduardo Bravo / Claudio Pollak

Investor Relations Department

Compañía Cervecerías Unidas S.A.

(56-2) 427-3581 or 427-3416

 

 

CCU ANNOUNCES FIRST QUARTER 2003 VOLUMES

 

(Santiago, Chile, April 9, 2003) -- CCU (NYSE: CU) reported today preliminary first quarter 2003 consolidated volumes.

The preliminary volume breakout by segment in hectoliters is as follows:

 

First Quarter 2003

Chile:

Volume

% Change

Beer

1,127,740

3.7%

Soft Drinks

831,590

-2.5%

Nectars

70,856

24.8%

Mineral Waters

238,898

-1.4%

Wine - Domestic

99,224

-10.6%

Wine - Export

111,344

47.2%

Total Chile(1)

2,479,652

2.2%

Argentina:

Beer

532,807

27.5%

Wine Export

48,820

N/M

Total Argentina(2)

581,627

38.6%

TOTAL

3,061,279

7.6%

CCU plans to release its consolidated first quarter results by the second week of May.

CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the third-largest Argentine brewer, the second-largest Chilean soft drink producer, the second-largest Chilean wine exporter, the largest Chilean mineral water producer, the leader in the bottled nectar category in Chile and recently entered the pisco business. The Company has licensing and/or joint venture arrangements with Paulaner Brauerei AG, Anheuser-Busch Incorporated, PepsiCo Inc., Schweppes Holdings Limited, Guinness Brewing Worldwide Limited and Watt's Alimentos S.A.