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Foster's earnings climb sharply
- Source :
- Wall Street Journal. Europe. August 26, 2009, A8
- Publication Year :
- 2009
-
Abstract
- Boosted by strong beer sales, Forster's Group Ltd.'s net profit quadrupled to 438.3 million Australian dollars for the year ended June 30. Revenue rose 2.7% to A$4.49 billion. Forster's posted write-downs of A$287.2 million and announced it would restructure its unprofitable wine business after failing to sell it.
- Subjects :
- Breweries -- Company sales and earnings
Breweries -- Mergers, acquisitions and divestments
Breweries -- Planning
Breweries -- Reorganization and restructuring
Brewing industry -- Company sales and earnings
Brewing industry -- Mergers, acquisitions and divestments
Brewing industry -- Planning
Brewing industry -- Reorganization and restructuring
Company earnings/profit
Company acquisition/merger
Company business planning
Company restructuring/company reorganization
Company organization
Banking, finance and accounting industries
Business
Business, international
Subjects
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.206677873