Lion has written off $A143.4 million ($154 million) from the value of its New Zealand beer, wine and spirits because of what it calls says a “long-term decline” in the market for alcoholic drinks.
The annual trading report for the year to September 30, 2013, says total volumes have declined
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Nevil Gibson for Food Industry Week
Fri, 14 Feb 2014
Fri, 14 Feb 2014
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Lion takes $154m writedown on Kiwi business
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