The ASX-listed Bindaree Beef Group has won four medals at the 2016 Australian Food Awards held in Melbourne this week. From a field of over 25 entries, Bindaree’s Cape Byron Angus Beef won the gold medal for the Branded Beef ...
Tags: Bindaree Beef, Beef
ASX-listed Clean Seas Tuna has increased its sales for the 2016 financial year by 83 per cent when compared to the2015 financial year. Clean Seas Tuna, Australia’s only commercial producer of kingfish, said its sales volumes ...
Tags: Clean Seas Tuna, Kingfish
Bega Cheese has announced a reduction in its opening farm gate milk prices for the 2016/17 financial year. The dairy company will pay approximately 11 per cent lower across all its supply regions. This equates to a Victoria farm gate milk ...
Tags: Bega Cheese, ASX, milk prices
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula
The Food Revolution Group has signed what it describes as “significant distribution deals” with Woolworths and Coles to expand its juice brands. Both deals are expected to be worth a total of AUD $15 million in sales annually ...
Tags: Food Revolution Group, juice
China is introducing a new tax which will impact Australian food companies that rely on selling their products online. Details of the tax are not yet clear however it is expected that online purchases from outside of China will be ...
Tags: Tax, Australian Products, Online Sales, Online Sales Tax
Sustainable resins specialist Cardia Bioplastics has seen a steep rise in demand for its packaging and bag products. Monthly orders have increased by 60 per cent over the last 12 months to over $100,000 for the company’s ...
Tags: Packaging, Bag products, Cardia Bioplastics
The convenience store and petrol chain group 7-Eleven Australia appointed a replacement for its former Chief Executive Officer Warren Wilmot who left the chain in 2015. He left at a time of the chian facing widespread allegations of ...
Tags: 7-Eleven Australia, CEO, Warren Wilmot
New Zealand poultry producer Tegel is predicted to soon list on the New Zealand Exchange and the Australian Securities Exchange. Tegel producers both chicken and turkey products and has four major processing facilities located across ...
Victorian-based dairy processing giant Murray Goulburn dairy co-operative will be replacing Bega Cheese as Coles’ private label cheese supplier from January 2017. Bega Cheese has been providing cheese sold under Coles private label ...
Tags: dairy processing, Cheese
Australian ASX-listed fast food chain Domino’s Pizza has announced it is acquiring Germany’s largest pizza chain Joey’s Pizza. Following the October purchase of Western French chain Pizza Sprint, increasing the presence ...
Tags: Domino's Pizza, Joey's Pizza, Food
ASX-listed Collins Foods, which owns KFC and Sizzler restaurants in Australia, has reported profit growth for the six months ending the 18 October 2015. Total revenue was reported as AUD$269.7 million, a 5.1 per cent increase on the same ...
Tags: Collins Foods, KFC
Australian leading walnut producer Webster Limited yesterday announced that a ‘nut set issue’ will likely impact the company’s 2016 crop yield. Although Webster says the impact on the 2016 yield is still being assessed, ...
Tags: Webster, nut, walnut cropS
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar