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Foster's Group Limited FGL

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Our commentary:

25 Aug: Foster's Group today reported its FY09 results, failing to move market sentiment. Net profit of $438.3 million was an almost four-fold increase on last year, as growth came off a year in which it had taken substantial writedowns on its wine business.
The FY09 result was better than analysts’ forecasts of earnings of $424.6 million.

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