AUSTRALIA: BRL Hardy posts 14% rise in net profit

By just-drinks.com editorial team | 7 March 2002

Australian wine group, BRL Hardy, posted net profit for 2001 of A$72.2 million (US$37.8m), 14% up on 2000. The uplift was attributed to robust sales in the UK and Europe. Managing director, Stephen Millar, said that the outlook for 2002 was "extremely positive," in spite of difficult conditions in Australia and in export markets.

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Australian wine group, BRL Hardy, posted net profit for 2001 of A$72.2 million (US$37.8m), 14% up on 2000. The uplift was attributed to robust sales in the UK and Europe. Managing director, Stephen Millar, said that the outlook for 2002 was "extremely positive," in spite of difficult conditions in Australia and in export markets.

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