Fosters Group ROE

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Title: Fosters Group ROE

Essay Details:

Subject: Business

Author: Scott F

Date: September 23, 2014

Level:

Grade: A

Length: 2 / 352

Essay text:

A 9% increase was due to the company involved in the following transactions and result in generating profit which can also cover other expenses within the company. First, the Forster’s completed sale of Foster’s brand in Europe on 11th April, 2006. Foster’s trademark has sold for $750m and gained a number 7 ranking in Europe; Second, Forster’s sold Shanghai brewing business; Third, Foster’s sold brewing interests in Vietnam and India for US$225m. According to the income statement, the net profit has increased from $919.9m in 2005 to $1,166.2m in 2006, and a pre-tax profit of $713m was related to the above transactions...

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