Lion reports strong alcoholic brand growth and ‘Dare’ milk growing

Lion, the Kirin-owned food and drinks company, has reported a 6.7 nincrease in volumes for its Australian beer, spirits and wine operationsn during the first quarter.

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Announcing its alcohol and business Q1 results for the 13 weeks nending 1 March 2012, Kirin said that despite the total beer market in nAustralia declining, its alcohol and beverages business grew revenue andn profit, with a 4.6 per cent increase in sales to AU$502.5 million for nthe quarter. Australian Food News – Read More.

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