Beer bolsters Lion

The beverage and dairy company Lion posted its first-half results on Thursday, showing strong growth in beer, but souring dairy earnings. Beer, spirits and wine divisions in Australia and New Zealand had earnings before interest and tax of $410.5 million, up 21.7 per cent. The dairy and drinks division delivered EBIT of $44 million.

The beverage and dairy company Lion posted its first-half results on Thursday, showing strong growth in beer, but souring dairy earnings. Beer, spirits and wine divisions in Australia and New Zealand had earnings before interest and tax of $410.5 million, up 21.7 per cent. The dairy and drinks division delivered EBIT of $44 million.

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