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Freedom Foods FY18 off to a strong start

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Freedom Foods says it is experiencing a strong start to its 2018 financial year and estimates net sales revenue for the year to be at the higher end of the forecasted range it made in its 2017 financial...

Fonterra FY17 net profit drops 11 per cent

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Fonterra has reported a 2017 financial year net profit after tax down 11 per cent on its 2016 results. For the New Zealand dairy co-operative’s 2017 financial year, Fonterra made a net profit after tax...

PureCircle Stevia FY17 results suffer from US import ban

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PureCircle’s 2017 financial year results have been hit hard by its inability to import to the US during the year. PureCircle, which supplies stevia to Coca-Cola, made nearly US $20 million less in sales...

RFG narrowly misses revised forecasted net FY17 profit

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The Retail Food Group has just missed its revised forecasted net profit for its 2017 financial year. The Retail Food Group (RFG) is responsible for a large number of quick service restaurants in Australia...

Woolworths wins with $1.5 billion FY17 profit

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The Woolworths Group has reported a $1.5 billion profit for its 2017 financial year. The result is a significant turnaround on the group’s AUD $1.2 billion reported loss for its 2016 financial year when...

A2 Milk Company strikes liquid gold, almost triples annual profit

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The A2 Milk Company has nearly tripled its net profit after tax for its 2017 financial year thanks to strong Australian and Chinese demand for its infant formula. Announcing its 2017 financial year results,...

Latest FY17 results: Ingham’s flies, MG $370 million loss

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Dairy processor Murray Goulburn and poultry producer, Ingham’s have both reported their 2017 financial year results. Murray Goulburn’s $370 million loss Dairy co-operative, Murray Goulburn, has reported...

Stevia giant spells out new US developments

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Malaysian stevia sweetener producer, PureCircle, says its revenue for the 2017 financial year will be “materially below market expectations” after it was unable to ship its product into the US for...

Food momentum propels Woolworths successful Q3

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Food sales continue to help turnaround the Woolworths Group, which announced its third quarter results for the 2017 financial year this week. Woolworths reported strong sales momentum across the quarter,...

Murray Goulburn’s takes further drastic measures

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Murray Goulburn dairy co-operative will be shutting three plants and wiping framer’s debts in an effort to turn its business around. In an update to the Australian Securities Exchange (ASX), Murray Goulburn...