B-F Outperforms Wall Street

CEO Paul Varga said the company’s positive fiscal results proved its ability to perform well during poor economic conditions in the U.S. One of the notable milestones of 2008, according to Paul, was the growth in countries outside the U.S., which was partially offset by higher raw material costs and increased operating investments. For the first time, 52% of sales came from international markets, where B-F experienced “exceptional international growth” for Jack Daniel’s (depletions up 4%) and Finlandia Vodka. Jack