date:Nov 06, 2012
year-to-date period, operating income before charges/gains increased 14%.
- Return on invested capital before charges/gains (rolling 12 months) was 7% and was 23% excluding intangibles.
Investing in Future Growth and Reaffirming 2012 Earnings Target
Our continued strong performance, the health of the global spirits market and robust demand for Bourbon together reinforce our confidence in the strategy we discussed three months ago to increase investments in the second half of 2012 to support