Molson Coors 3Q Profit Rises

Published November 07, 2012
Reuters

Molson Coors Brewing Co (NYSE:TAP) reported higher quarterly profit on Wednesday helped by the acquisition of operations in Eastern Europe.

Coors, the maker of Coors Light and Blue Moon beers, said third-quarter net income rose to $198.4 million, or $1.09 per share, from $197.4 million, or $1.06 per share, a year earlier.

Net sales increased to $1.20 billion from $954.4 million.