Brewer Foster's announces drop in profits

Australian brewer Foster’s Group posted a nearly 9% drop in full-year profits today as Australian beer sales fell.

Brewer Foster's announces drop in profits

Australian brewer Foster’s Group posted a nearly 9% drop in full-year profits today as Australian beer sales fell.

Net profit before one-off items fell 8.7% to 494.9 million Australian dollars (€360m) for the 12 months to June 30, the Melbourne-based company said in a statement.

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