Aussie sugar firm made bad strategic move

14 July 1998

Aussie sugar firm made ‘bad strategic move’

DESPITE some bad strategic moves, CSR of Australia is expecting profit growth in the current financial year the company disclosed at its annual general meeting.

CSR, which is involved in the sugar market, said the companys expansion of its medium density fibreboard manufacturing business had proved a mistake. The company also has aluminium interests.

  • Financial Times 14/07/98 page 27

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