Sugar price flattens Lion Nathan

TOOHEYS brewer Lion Nathan yesterday became the latest casualty of soaring sugar and aluminium prices, warning the rises of both would continue to cut into its profit growth.

Reporting a slight rise in annual operating profit, Lion joined Coca Cola-Amatil and CSR in the ranks of companies to trigger a share slump by warning of exposure to the high-priced sweetener.

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4 thoughts on “Sugar price flattens Lion Nathan”

  1. Well… I guess they could STOP ADDING BLOODY SUGAR!I had to laugh when touring the Speights brewery in Dunedin in January of this year. The tour guide was a great guy, really entertaining, but clearly didn’t know that much about beer. He was talking about using only the finest quality products, and mentioned “the four ingredients of beer”. I started to tune out, heard it before, reinheitsgebot etc. Then he listed malted barley, water, hops, and the finest sugar money could buy. I didn’t know whether to laugh or cry.

  2. was just about to add something to that effect – maybe they should start brewing beer from malt!?bwahahahahaha

  3. The Finest sugar money could buy LOL, sugar is sugar, it has no place in beer except for maybe priming.

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