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Profits up at CEDC
By NEWS SYSTEM
Published: May 26th, 2008
Related tags: alcohol, profit
Central European Distribution Corporation (NASDAQ:CEDC) has announced its results for the first quarter of 2008. Net sales for the three months ended March 31, 2008 increased by 37% to $313.6 million from the $228.2 million reported for the same period in 2007. Operating income increased by 35% to $25.5 million from $18.9 million for the same period in 2007.
