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International Investing / Australia (All-Ordinaries)


Subject:  BRL, Sale Growth Impressive Date:  3/7/2002  7:24 PM
Author:  jono202 Number:  3757 of 6186

Great consistencey over a decent time frame.
The Adelaide-based company yesterday posted its ninth consecutive record annual profit in one of the toughest ever years for wine producers, after successfully completing a $250 million thrust into the crucial US market.

Unveiling a full year profit of $72.2 million, a 21 per cent gain over the previous year after a similar rise in sales to $771 million, managing director Stephen Millar said the group's rapid growth - its market worth has rocketed from just $90 million on listing in 1992 to almost $2 billion - would continue, making the future a "whole new ball game

On takeover thoughts,
And that was a potential "tragedy" for both the company and the nation's winemakers, who are developing a reputation as world leaders in innovation and quality.

"We really could end up being the premier wine company in the world - just give us a chance, to show what we can do," Mr Millar said. "This is an industry in which Australia can dominate the world . . . let's keep the control here."


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