date:Feb 09, 2014
rise in net revenue, which totalled $1.76bn. The group said growth was primarily driven by growth from its core brands. Organic revenue growth totalled 4%, the group added.
Looking to 2014, management forecast revenue growth of 3-5% and EPS growth of 10-16% excluding special items.
Janney Montgomery Scott analyst Jonathan Feeney said that this outlook was in line with Janney's model, which expects sales up 3.9% and EPS up 12.8%. Nevertheless, he added that this is the low end of consensus, whi