AUSTRALIA: Southcorp smooths fears with growth figures
By just-drinks.com editorial team | 25 April 2002
Southcorp chief executive Keith Lambert used an ABN Amro conference to try and alleviate fears in the investment community about the company's performance by releasing figures that showed good growth in key markets. Lambert said Southcorp's brands had grown at two-and-a-half times the rate of the general wine market in Europe in the early part of 2002 while in the US its labels were "gaining ground at a rapid pace".
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Southcorp chief executive Keith Lambert used an ABN Amro conference to try and alleviate fears in the investment community about the company's performance by releasing figures that showed good growth in key markets. Lambert said Southcorp's brands had grown at two-and-a-half times the rate of the general wine market in Europe in the early part of 2002 while in the US its labels were "gaining ground at a rapid pace".
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