22 April 2002
ASX Announcement - 2000 Vintage
In response to analyst reports regarding the impact of the 2000 Australian Vintage on current and future earnings for selected Australian wine producers, Foster’s Group Limited (Foster’s) would like to confirm the attached ASX announcement made on 31 May, 2000 in relation to the quality and yield of its 2000 Australian Vintage.
Foster’s undertakes careful and strategic supply planning to effectively manage its vineyards and inventories across vintages. As a result, Foster’s does not expect growth in earnings to be impacted by any recent vintages.
