Woolworths announces $2.26 billion profit for 2013 at its AGM
November 27, 2013

Australian supermarket group Woolworths Limited (Woolworths) announced Net Profit After Tax of $2.26 billion — up 24.4 per cent on the previous year, or an increase of 8 per cent from continuing operations and before significant items — at its annual general meeting (AGM), held 26 November 2013. The Board announced a 5.6 per cent increase in the dividends per share to 133 cents for the 2013 financial year, up from 126 cents in the previous year. Earnings per share increased to 182.6 cents,... ...Read more »

Latest Coca-Cola Amatil results show subdued consumer demand
November 6, 2013

Food and beverage company Coca-Cola Amatil (CCA) has released a trading update for the July 2013 to October 2013 trading period, saying that while there had been an improvement in its non-grocery business, an expected post-election uplift in consumer spending did not occur. CCA said it expects 2013 full year Group EBIT to be within a range of a 5 per cent to 7 per cent decline on last year, before significant items. The updated guidance range factors in weaker than expected post-election consumer... ...Read more »

Australian tomatoes: Is anti-dumping tax too late?
November 6, 2013

Several lines of processed tomato product from Italy were sold in Australia at “dumped prices”, according to a report from the Australian Government’s Anti-Dumping Commission. The findings mean a new tax will be applied to some tomatoes from Italy. The report, released on Friday 1 November 2013, was in response to an application lodged by food processor SPC Ardmona, which stated that its business had been injured through price suppression, reduced profitability and lower sales volume, as a... ...Read more »

‘Local’ push continues: Coles looking for Victorian food suppliers, Woolworths’ Australian-grown sales soar
October 16, 2013

Food producers across Victoria will have the opportunity to show their product to Coles’ team of expert buyers as the Australian supermarket group strives to source more locally-produced food for its stores. Meanwhile, Coles’ rival Woolworths says its customers are supporting Australian-grown produce through its Woolworths Select range. Coles to ‘Meet the Buyers’ As part of a new initiative for Victoria, Coles will hold a dedicated ‘Meet the Buyer’ event at the Melbourne Showgrounds on... ...Read more »

SPC Ardmona ‘disappointed’ in Productivity Commission denial
September 30, 2013

Australian fruit and vegetable processor SPC Ardmona has expressed disappointment in the Productivity Commission’s Accelerated Report findings, which denied provisional safeguard tariffs against imported processed tomato and fruit products. “This is extremely disappointing for SPC Ardmona, growers and the Goulburn Valley region,” said Peter Kelly, Managing Director of SPC Ardmona. “We disagree with the Commission’s conclusion in the reports. We have provided compelling evidence that in... ...Read more »

Woolworths private label signs $7 million deal with SPC Ardmona
August 14, 2013

Supermarket giant Woolworths has signed a $7 million deal with troubled Australian food manufacturer SPC Ardmona. The deal will see apricots, peaches, apples and pears from Victoria’s Goulburn Valley sold under the Woolworths Select brand. Woolworths said the deal with SPC Ardmona, which is a subsidiary of Coca-Cola Amatil, will move the supply of the supermarket’s private label fruit from overseas to Australian-grown. “We are passionate about Australian food,” said Tjeerd Jegen, Managing... ...Read more »

SPC launches new ‘Aussie Grown Baked Beans’
August 14, 2013

Food manufacturer SPC Ardmona has announced that its SPC brand canned baked beans are now “100 per cent Australian grown”. SPC Ardmona said it has partnered with growers in the Queensland, New South Wales and Victoria to grow more beans to supply its SPC baked beans. The Company said the navy beans it uses for the SPC brand come from the Queensland towns of Kingaroy and Atherton, and the Riverina district in New South Wales. The tomato sauce is made from “vine ripened” fruit from the Goulburn... ...Read more »

SPC Ardmona welcomes new Anti-Dumping Commission fruit and tomato investigation
July 17, 2013

Food processor SPC Ardmona has welcomed the announcement from the Australian Government that its new Anti-Dumping Commission has initiated investigations into peaches being imported from South Africa and tomatoes imported from Italy. The new Anti-Dumping Commission was the primary recommendation of a review into Australia’s anti-dumping system led by John Brumby, the former Premier of Victoria. “This news validates the hard work we have undertaken over the last few months on our plans to revitalise... ...Read more »

Government refers SPC Ardmona request to Productivity Commission
June 24, 2013

The Australian Productivity Commission will undertake “safeguard” inquiries into the impact of imports of processed fruit and tomatoes on Australian producers, following a request by food processor SPC Ardmona to introduce measures to protect its Australian cannery operation. The Federal Assistant Treasurer David Bradbury and the Minister for Trade and Competitiveness Craig Emerson announced on Friday 21 June 2013 that the matter had been referred to the Productivity Commission after the food... ...Read more »

Will Australian Pears celebrity cookbook save the fruit industry?
May 27, 2013

Australian Pears, the industry body for Australian pear growers, has teamed up with Australian cooks and chefs, including Maggie Beer and Vincent Gadan, to release a cookbook called ‘Rediscover Australian Pears’. Due to hit bookstore shelves on 7 June 2013, the new cookbook is a collection of original pear recipes, which Australian Pears says “celebrates the versatility of the iconic fruit through sweet and savoury recipes”. Country cook Maggie Beer, who owns an orchard in the Barossa Valley... ...Read more »

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