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Metcash profits continue to decline

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Metcash profits continue to decline Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent,...

Bread and cake producers struggle with changing consumer tastes, IBISWorld

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Bread and cake producers struggle with changing consumer tastes, IBISWorld The rise of the supermarket in-store bakery in Australia is causing problems for the bread production and cake and pastry manufacturing...

CEO boasts Woolworths has taken Masters and Big W losses in stride but market skeptics remain

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Woolworths annual financial results released Retail giant Woolworths has reported net profits of $2.45 billion for the year to June 30 2014, up from $2.26 billion a year earlier. The profit gains of 8.5...

CCA suffers big drop in profits and revenue during first half of 2014

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CCA suffers big drop in profits and revenue during first half of 2014 Australian-based food and beverage group Coca-Cola Amatil (CCA), which bottles Coke and has its own stable of well-known Australian...

Poor trading conditions impacting on investment and jobs, ACCI survey

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Poor trading conditions are causing difficulties for Australian small businesses While most indicators improved somewhat in the quarter, small business continued to face difficult trading conditions in...

Woolworths announces profit growth in first half

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Woolworths has announced a profit increase for the first half Supermarket group Woolworths has announced a net profit after tax for the first half of the 2014 financial year of $1,321.7 million, up 14.5...

Lion dairy business facing tough conditions, while Bega sees growth

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Australian-based dairy businesses have coped differently with 'difficult' market conditions Food and beverage company Lion has announced its Dairy and Drinks business experienced “significant...

Coca-Cola Amatil full year results decline reflects difficult year

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CCA's full year results reflect its difficult year Food and beverage company Coca-Cola Amatil (CCA) has announced a net profit after tax of $502.8 million, before significant items. Net profit after...

WCB trading update predicts doubling profit in 2014

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Victorian-based dairy company Warrnambool Cheese and Butter (WCB) has announced it expects EBITDA for the 2014 financial year to be in the range of $47 million to $52 million, up from the EBITDA $25.5...

Murray Goulburn doubles profit margin in 2013

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Australia’s largest dairy co-operative, Murray Goulburn Co-Operative Co. Limited (Murray Goulburn) has announced a net profit after tax of $34.9 million for the financial year ended 30 June 2013, more...