The wine division of Foster's Group Limited is looking for vineyard opportunities only six months after committing to selling off $243 million of its own holdings. Wine managing director David Dearie said he was happy with the company's balance, but was scouting for appropriate properties. “We wanted to get rid of some of the land we didn't think we would be utilizing, and that gives us flexibility to look at acquiring other lots of land that we see may be useful for us in the future,” he said. “We're looking at . . . what we need going forward and if the right opportunities come up we want to look at them. We are not actively seeking at the moment but we're also very aware of opportunities.”

Foster's Group Ltd. announced the appointment of Paul Conroy to the role of Chief Legal Officer & Company Secretary.

Foster's Group Ltd. Announced earnings results for the year ended June 30, 2009. For the year, the company reported net sales revenue of $4,491.1 million compared to $4,372.7 million for the same period last year. EBITS was $1,165.0 million compared to $1,138.9 million for the same period last year. Net profit after tax was (before significant items and SGARA) $741.5 million compared to $713.2 million for the same period last year. Net profit after tax was $438.3 million compared to $111.7 million for the same period last year. Operating cash flow was $884.9 million compared to $669.9 million for the same period last year. Capital expenditure was $162.6 million compared to $139.3 for the same period last year. Net Debt (EOP) at year ending was $2,611.4 million compared to $2,402.7 million for the same period last year. Book Value Per Share at year ending was $1.9 per share compared to $2.0 for the same period last year.