FGL: Media Reports Clarification
July 22, 2010
Foster's Group Limited (Foster’s) notes media reports this morning of an internal earnings target of $84 million for its Australia and New Zealand wine business.
The number represents an internal management EBIT target for the Australia and New Zealand wine business for the 2011 financial year presented to an internal sales conference yesterday. Foster's will provide a detailed update on group financial performance with the release of its financial results for the 12 months ended 30 June 2010 on August 24.
Further information: Media Investors Troy Hey Chris Knorr Tel: +61 3 8626 2085 Tel: +61 3 8626 2685 Mob: +61 409 709 126 Mob: +61 417 033 623.
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