Beer price wars cut DB growth

DB Breweries has renewed its plea for an easing of the beer market’s price war after reporting much flatter earnings growth and lower sales volume.

DB’s managing director, Brian Blake, also said market share was down 0.3 per cent.

DB’s beer market share is about 37 per cent, compared with Lion Nathan (51 per cent), Independent Distillers (5 per cent) and Fosters (4 per cent), with imports probably making up the rest.

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