Lion Nathan seeks interest in Auckland brewery

Brewery giant Lion Nathan warned yesterday that conditions in New Zealand were increasingly difficult, but it was confident of meeting previous profit guidance due to solid Australian sales.

For the three months ended December, total beer volume fell 0.7 per cent to 52.1 million litres.

“In New Zealand, performance was mixed with a beer market characterised by sustained and at times, intense price discounting, particularly in key sales weeks,”

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