date:May 16, 2012
pect divisional margins to have improved as well as profitability.
More details are expected on the progress of CCs acquisition of Hornsbys [cider] in the US when the full year figures are announced. Full commercial management of the brand was anticipated to pass to CC in April after it was bought from EJ Gallo Winery in November 2011.
The departure of CC chief executive John Dunsmore in February was interpreted as an indication that the company was a takeover target.