Page 46

drinks Yearbook 2010

Lion Nathan announced its trading update for the quarter ended 31 December 2009, in conjunction with Kirin Holdings 2010 fi nancial year fi rst quarter announcement. Lion Nathan’s combined business in Australia and New Zealand delivered revenue of $687.4 million, a growth of 6.6 per cent on the prior corresponding period. In Australia, Lion Nathan’s power brand portfolio continued to grow its share of portfolio mix. Premiumisation across the market, combined with successful innovation, drove strong revenue growth of eight per cent. Volume grew 2.89 per cent. XXXX Gold continued impressive growth; Hahn Super Dry also had a particularly strong summer. New innovations XXXX Summer Bright Lager and Hahn Super Dry 3.5 performed ahead of expectations. The Boag’s portfolio continued to grow. This was the fi nal stand-alone quarterly trading update from Lion Nathan. From drinks yearbook | 45 Exchange rates of the Australian dollar against the US dollar High USD Low USD March 2010 18/03/10 0.9220 01/03/10 0.8975 April 2010 15/04/10 0.9341 01/04/10 0.9164 May 2010 03/05/10 0.9250 25/05/10 0.8178 Source: Reserve Bank of Australia Off icial cash rate 3 Mar: 4% 7 Apr: 4.25% 5 May: 4.5% Figures and facts


drinks Yearbook 2010
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