date:Jun 06, 2014
of net sales delivered an impressive 15% underlying net sales growth rate (+13% reported), and are becoming increasingly important contributors to the companys growth.
The underlying operating income increase of 11% was driven by top-line growth and gross margin expansion.
Paul Varga, chief executive of Brown-Forman, comments: We are pleased to report another fiscal year of excellent organic growth, particularly in light of the moderating growth rates of our global competitors. I believe that