Frucor Joins NZSE Top 40 Index
Frucor Beverages (FRU) celebrated its inclusion on the NZSE Top 40 Index today with the start of the NZ Stock Exchange’s new quarterly ranking.
Managing Director, Mark Cowsill said the inclusion on the NZSE Top 40 index acknowledges Frucor's strong performance since its listing on the NZSE and ASX in June 2000. Frucor's market capitalisation at Friday’s closing price of $2.27 was $284million.
“In particular, key achievements have included the successful introduction of V into the UK and Irish markets and the net profit after tax (net surplus) of $9.6 million for the year to June 30 2000, nearly 10 percent ahead of the NZ$8.8 million forecast in the company’s IPO Prospectus. The surplus was achieved on sales of $180.2 million up 61% on the prior year,” he said.
For further information
Mark Cowsill, Managing Director
Frucor Beverages Group Limited