Top 100: Correction
Despite our best efforts, in a list of size, scale, and content as our Top 100 companies report sometimes, we get it wrong.
This year, an incorrect figure was supplied for Vittoria Food & Beverage’s FY22 revenue by our data partner IBISWorld, which meant the company’s FY23 revenue looked like it fell 17.5 per cent.
In fact, when the correct figure was used (FY22 $213 million), Vittoria registered a 21 per cent rise in revenue to FY23 $258 million.
That is quite a different story. Vittoria MD Rolando Schirato said the company’s impressive year was driven largely by an increase in its retail coffee sales, instant coffee, tea, its café business, and overall improvement in food service.
Vittoria’s ranking in the 2023 Top 100 remains unchanged. The numerical listing reflects FY23 for all companies.
Food & Drink Business regrets the error.
