Good health for 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 operating earnings before interest and tax (EBIT) of $410.5 million, up 21.7 per cent. The dairy and drinks division had 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 operating earnings before interest and tax (EBIT) of $410.5 million, up 21.7 per cent. The dairy and drinks division had EBIT of $44 million.

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