AUSTRALIA: BRL Hardy shares at a low for the year
By just-drinks.com editorial team | 14 May 2002
Shares in the Australian wine group, BRL Hardy, fell to their lowest level in nearly a year yesterday. BRL Hardy shares have fallen by 11% since the beginning of the month amid concerns that the company's earnings could be affected by heavy discounting and its high multiples. The company is thought to be trading at a relatively high price-to-earnings ratio of 12 times 2002 earnings.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
Shares in the Australian wine group, BRL Hardy, fell to their lowest level in nearly a year yesterday. BRL Hardy shares have fallen by 11% since the beginning of the month amid concerns that the company's earnings could be affected by heavy discounting and its high multiples. The company is thought to be trading at a relatively high price-to-earnings ratio of 12 times 2002 earnings.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
