Foster's Group Performance

Since Beringer's was acquired by the Foster's group in 2000, it has done remarkably well. In fiscal year 2001, its sales for the combined wine division more than doubled to $1,359.7 million. Case shipments of wine went up by more than 20% in the U.S., Canada, and the United Kingdom. The return on capital employed (ROCE) was 13%-15%. In fiscal year 2002, Beringer Blass's earnings before interest, tax, and amortization (EBITA) contribution was $486.6 million, up 20.1% over FY 2001. Global volumes increased 25.8% to nearly 17 million 9-liter cases shipped. Wine trade EBITA rose by 36% over FY 2001 from $294.8 million to $401.0 million.

Foster's financial performance since the Beringer acquisition reflects Foster's increased presence as a global concern in the beer and wine industry. Successfu

Related Essays

GROUP DYNAMICS AND CULTURAL DIVERSITY .... To foster strong leadership in autonomous work teams .... Williams, J., & Rogers, S. (1993, May-June). .... Meta-analytic review of sex differences in group performance. .... (8413 34 )

Employee Performance Appraisal System Development .... of workers' productivity and performance, and to foster more generally .... Group & Organization Management, 18 (3), 269 - 292. .... O'Neal, S. and Palladino, M. (1992). .... (4187 17 )

Mathematics and Literature .... literature can be used to create activities that foster children's thinking. .... Children were then engaged in small-group discussion s about the .... (1477 6 )

Diversity Management .... each operating unit is to foster an environment .... Opportunity and Affirmative Action Interventions." Group & Organization .... Lubove, S. "Damned If You Do, Damned If .... (8836 35 )

HUMAN RESOURCE DIVERSITY MANAGEMENT .... each operating unit is to foster an environment .... Opportunity and Affirmative Action Interventions." Group & Organization .... Lubove, S. "Damned If You Do, Damned If .... (8836 35 )

Agriculture Performance of Ethiopian Economy This research .... Ethiopia; however, the United States continued to foster relations with .... David, S. "Realignment in the Horn." International Security, 4 .... Minority Rights Group. .... (3499 14 )

Category: Business - F