Original article by Sue Mitchell
The Australian Financial Review – Page: 1 & 12 : 19-Jun-15

Fund managers and shareholders are concerned about the possible actions that will be taken by the successor to Woolworths CEO Grant O’Brien in a bid to turn around its fortunes. These include reduced profit margins and asset writedowns. Ben Gilbert of UBS is concerned that Woolworths may seek to combat falling sales by instigating a grocery price war, while Sheridan Hure of Aurora Funds Management warns that Woolworths’ shares may keep falling.

CORPORATES
WOOLWORTHS LIMITED – ASX WOW, UBS HOLDINGS PTY LTD, AURORA FUNDS MANAGEMENT LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, COLES SUPERMARKETS AUSTRALIA PTY LTD, ALDI STORES SUPERMARKETS PTY LTD, NIKKO ASSET MANAGEMENT GROUP, EGON ZEHNDER INTERNATIONAL, STANDARD AND POOR’S (AUSTRALIA) PTY LTD, BIG W DISCOUNT STORES, MASTERS HOME IMPROVEMENT AUSTRALIA PTY LTD, DEUTSCHE BANK AG, MERRILL LYNCH (AUSTRALIA) PTY LTD