NT News

MAIDEN RESULT

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AUSTRALIAN­S are drinking less alcohol but when they do reach for a wine, beer or spirit are increasing­ly grabbing a bottle from the more expensive shelf at Dan Murphy’s or BWS to consume at home, said Endeavour Group CEO Steve Donohue.

Liquor group Endeavour, which had a demerger from Woolworths in June, posted its maiden results as an independen­tly listed company, revealing group sales of $11.595bn, up 9.3 per cent, and a net profit of $445m.

Endeavour declared a 7c per share dividend. Its shares fell 2.2 per cent to $7.05.

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