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Brown-Forman's profit rises 18 percent on strong demand
March 6, 2013 / 1:06 PM / in 5 years

Brown-Forman's profit rises 18 percent on strong demand

March 6 (Reuters) - Brown-Forman Corp, maker of Jack Daniel’s whiskey and Finlandia vodka, reported an 18 percent rise in third-quarter profit, helped by strong global demand for North American whiskeys.

Net income rose to $157.6 million, or 73 cents per share, in the quarter ended Jan. 31, from $133.1 million, or 62 cents per share, a year earlier.

Sales rose 7 percent to $1.03 billion.

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