Lion reports strong alcoholic brand growth
date:May 05, 2012
Lion, the Kirin-owned food and drinks company, has reported a 6.7 increase in volumes for its Australian beer, spirits and wine operations during the first quarter.
Announcing its alcohol and business Q1 results for the 13 weeks ending 1 March 2012, Kirin said that despite the total beer market in Australia declining, its alcohol and beverages business grew revenue and profit, with a 4.6 per cent increase in sales to AU$502.5 million for the quarter.
Lions core trademarks performed well, with XX
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