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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...

Synlait receives Chinese import registration for A2 infant formula

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Synlait has received registration that will allow the company to continue to export A2 Milk Company infant formula to China. The registration is required under new regulation that requires all infant formula...

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...

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...

Domino’s shares drop after missed earning guidance reported for FY17

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Domino’s shares have taken a plunge after the pizza giant missed its earning guidance for its 2016-17 financial year. In announcing its profit results for the most recent financial year, Domino’s reported...

Investor interest in bioplastics following bag ban

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A Melbourne bioplastics developer says it has seen strong investor interest in recent moves to stop the use of single-use plastic bags. SECOS, an ASX-listed subsidiary of Cardia Bioplastics, has welcomed...

Retail Food Group drops profit forecast

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Retail Food Group (RFG) has lowered its forecasted profits for its 2017 financial year. RFG, which is responsible for numerous quick service food outlets in Australia, is now forecasting it will achieve...