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Goodman Fielder posts $28.6m 1H profit
2015-02-11 00:51:45| Agriculture - Topix.net
Australia's largest food products maker reported a $28.6 million net profit for the six months to December 31, compared to a $64.8 million loss for the same period in 2013/14 but said there'd be no dividend.
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Goodman Fielder profits flat as lower milk costs offset weak bread prices
2015-02-11 00:51:44| Agriculture - Topix.net
While earnings fell 54 per cent in baking and 13 per cent in grocery products, EBIT from the New Zealand dairy operations soared 74 per cent and Asia Pacific profits rose 12 per cent. Photo: Peter Morris Goodman Fielder has reiterated its support for a $1.3 billion offer from Wilmar International and First Pacific after delivering a flat first-half profit result, with underlying net profit slipping 1 per cent to $29.7 million as cheaper milk and wheat costs countered falling prices in bread and spreads.
Goodman Fielder posts $28.6m 1H profit
2015-02-11 00:40:50| Food - Topix.net
Australia's largest food products maker reported a $28.6 million net profit for the six months to December 31, compared to a $64.8 million loss for the same period in 2013/14 but said there'd be no dividend.
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profit
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Goodman Fielder chief executive Chris Delaney
2015-01-26 22:45:47| Agriculture - Topix.net
The three patented products include a new baking product with enhanced health properties and two dairy products with improved sensory and health attributes, the company says. Research and innovation senior manager Shantanu Das said he couldn't say more about the products at this stage other than they should reach shop shelves in the next 12 months and "the public will judge for themselves."
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Goodman Fielder research and innovation senior manager Shantanu Das...
2015-01-15 05:15:33| Agriculture - Topix.net
Goodman Fielder, the food ingredients manufacturer facing a takeover from Wilmar International and First Pacific Co, will commercialise three new food products this year with health benefits for consumers - the first of a pipeline of innovation into smart foods. The three patented products include a new baking product with enhanced health properties and two dairy products with improved sensory and health attributes, the company said in a statement.
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