AUSTRALIA: Analysts cautious approval to BRL's JV with Constellation
Australian financial analysts have given cautious approval to BRL Hardy's new joint venture with the American liquor group Constellation Brands forecasting profits of A$71-72m (US$37.1m - US$37.6m) for calendar 2001. Brokers ABN Amro said the deal was mildly positive and more comfortable than the earlier projected acquisition of the California based Kendall-Jackson. It forecast a net profit of A$72m rising to A$88m in 2002.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 15 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Analysis - Will Diageo call time on wine?
- Why Didn't Diageo Act Sooner on Mallya?
- Martell's CEO & chairman, Philippe Guettat
- just The Facts - The Global Wine Industry
- Currency woes hurt Latin American FTZs - Diageo
- A-B InBev snaps up Bogotá Beer Co in Colombia
- Diageo considers wine operations sale
- A-B InBev approves new chairman
- Beam Suntory defeats 'handmade' lawsuit
- Diageo Canada adds new RTD canning line
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Diageo Plc in Wine (World)
- Global rum insights - market forecasts, product innovation and consumer trends research
- ALDI 2015: Radically transforming Anglo Saxon grocery markets
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review