MillerCoors brews $235M profit
MillerCoors LLC, the brewer of Miller Lite and Coors Light, reported an increase in first quarter income behind higher prices, cost savings from the merger of Miller and Coors and a favorable brand mix. Sales for the company ? which operates a Butler County brewery ? remained flat for the first quarter, according to parent companies SABMiller plc and Molson Coors Brewing Co. Net income for MillerCoors increased 12.5 percent to $234.7 million from $208.6 million. Excluding special items, income grew...Source: http://feeds.bizjournals.com/~r/bizj_cincinnati/~3/ZSYlcuqhlYw/millercoors-brews-235m-profit.html