JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. JB Hi-Fi's shares ended the
day down as much as 5.1 per cent, or $1.03, to
JB Hi-Fi booked net profit of $76 million for the six months to December 31,
2009, up from $59 million in the prior corresponding period. Sales were up 23
per cent to $1.554 billion, from $1.262 billion. "Comparable store sales growth
for the period was 9.9 per cent," the company said in a
FOSTER'S has signed a multi-year extension of its highly valuable contract to
sell Corona beer in Australia, safeguarding nearly $70 million in pre-tax
earnings and cementing its 22-year relationship with the Mexican brewing giant
Grupo Modelo. A delegation of Grupo Modelo executives
A small delegation of Grupo Modelo executives arrived in Australia this morning
to meet with Foster’s management and sign the new licensing deal. Jose Pares,
Grupo Modelo's global vice president of sales and marketing, headed the
executives in their meeting with Foster’s Carlton & United
A small delegation of Grupo Modelo executives arrived in Australia this morning
to meet with Foster’s management and sign the new licensing deal. Jose Pares,
Grupo Modelo's global vice president of sales and marketing, headed the
executives in their meeting with Foster’s Carlton & United
Jose Pares, Grupo Modelo's global vice president of sales and marketing, will
lead the negotiations with Foster's management in the coming days as the
parties work towards a renewal of the partnership. It comes as Foster's faces
deteriorating returns from its struggling wine division due to the
