Trevor O'Hoy
Trevor O'Hoy
Trever O'Hoy was the President and CEO of Foster's Group from 2004 until 10 June 2008...
australian cent consumer less per profit represents wine
The Australian wine consumer represents less than 15 per cent of our profit pool,
build early earnings expect momentum second wine
While its early days, full-year earnings for wine are on track. Expect momentum to build in the second half.
strong years growth
After a year of transformation Foster's Group sits at the doorstep of a period of sustained strong earnings growth.
wine america world
An extremely competitive retail market is pushing extensive discounting and large volumes of wine at low prices, and New World competitors from South America and South Africa are also impacting on the market.
beer cubs volume
Let me assure you that I am not satisfied making $40-$50 million on the same volume of beer (as) CUB sells.
absorb anyone efficiency huge market placed production sales scale sees struggling volumes wine
While Foster's scale and efficiency sees us better placed than anyone from a production perspective, the (Australian) market is struggling to absorb the huge volumes of wine that are discounting and squeezing sales margins.