Coopers Sales Reach Record LevelsMedia Release — 7 November 2014 Coopers Brewery continued to enjoy strong ongoing growth during the 2013–14 financial year with record sales and turnover figures. However after tax profits dipped 9.1% from $30.8 million to $28.0 million as a result of costs associated with the installation of a second bottling line and beer sales shifting from kegs to less profitable packaged beer formats. Coopers Managing Director, Dr Tim Cooper, said total bulk or kegged beer sales fell 1.5% during the year, while packaged beer sales were up 10.3%. “Total beer sales in 2013–14 grew 8.1% to 75.3 million litres, continuing the steady growth Coopers has enjoyed since 1994,” he said. “Turnover for the year reached a record $231 million, 6.9% better than the $216 million in 2012–13.” Dr Cooper said sales in South Australia fell 0.8% during the year, but it remained Coopers’ largest market accounting for 26.8% of total beer sales. Sales in NSW grew 8.2% in the same period and … |
Source: Australian Brews News
Read the full article here.
Beer Infinity Beer, Brewing & Beyond



