“In the six months since announcing a major transformation programme, Foster’s has put in place a new strategy, a new company structure, and is embedding a new culture across the business,” said Ian Johnston, CEO. “Organisational renewal is accelerating with new operational leadership in the Americas, Australasian wine and Carlton & United Breweries.
“This year’s result includes A$21m of efficiency benefits and Foster’s remains on-track to deliver A$100m of benefits in 2011.”
Source: Foster’s Group
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