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Chairman's Summary
"Clover Beverages’ results for the year ended 30 June 2009 reflect just how well this brand portfolio has done, especially considering the lower consumer spending levels and downtrading by consumers, particularly towards cheaper private labels. The benefits of the appropriate strategy applied by Clover Beverages clearly demonstrate the resilience of the brands against the economic hardship being experienced by consumers. The value proposition of each brand is continuously being tested to ensure a high-quality product at suitable price levels."
Johann Vorster (Chairman) |