Despite worsening economic conditions the domestic beer market grew 0.3 percent for the year to September 30, with Kiwis consuming more than 171 million litres of Lion-produced favourites such as Lion Red, Speight’s and Steinlager.
Beer operations increased earnings before tax and interest by 10.8 percent, buoyed predominantly by recent entrants to the market – among them Steinlager Pure, which increased volume by more than 300 percent for the year.