Nov 1 (Reuters) - Molson Coors Brewing Co reported a 6.9 percent fall in quarterly sales, as demand fell for its beers in Canada and Europe.
Net income attributable to the company rose to $202.5 million, or 94 cents per share in the third quarter ended Sept. 30, from $16.6 million, or 9 cents per share, a year earlier.
In the year ago period, the company took an impairment charge of $275 million for certain European brands.
Net sales fell to $947.6 million from $1.02 billion.
Molson Coors bought beer giant SABMiller’s stake in the MillerCoors venture for $12 billion last month, following SABMiller’s agreement to be acquired by Anheuser-Busch InBev for over $100 billion.
MillerCoors reported a marginal rise in net sales in the quarter ended Sept. 30 to $2 billion earlier on Tuesday, helped by strong demand for its premium light beers such as Miller Light and Coors Light. (Reporting by Gayathree Ganesan in Bengaluru; Editing by Sai Sachin Ravikumar)