News

Ingham’s has reported a net profit after tax of $35.3 million, up 37 per cent in its FY2021 half year results. The company has reduced frozen inventory and recorded 4.6 per cent revenue growth.

Coca-Cola Amatil has recorded a net profit after tax drop of 51.9 per cent to $179.9 in what will be its last as a listed company before its acquisition by Coca-Cola European Partners (CCEP).

The Victorian Government has supported a new fruit warehouse and cold storage facility in Mildura to help boost horticulture exports and local jobs.

After a tumultuous year, the Australian dairy industry is on track to see consecutive seasons of profitability. Rabobank dairy analyst Michael Harvey provides a forecast.

Treasury Wine Estates has recorded a net profit after tax (NPAT) drop of 43 per cent to $120.9 million and cut its first half dividend from 20 cents to 15 cents per share. Ongoing impacts from COVID-19 continued to disrupt sales channels, particularly for higher margin luxury wines.

The Health Star Rating calculation for 100 per cent fruit and vegetable juices will remain unchanged following the recent meeting of the Australia and New Zealand Ministerial Forum on Food Regulation.

With Australia’s first detailed study of the food cold chain completed in 2020, it is time for major improvements to the sector. Australian Food Cold Chain Council executive director Greg Picker writes.

Coca-Cola European Partners has increased its offer price for Coca-Cola Amatil, in a bid to satisfy shareholders who said its original offer was too low.

After a difficult 2020, Australian Dairy Products Federation executive director Janine Waller looks at three trends most likely to shape the industry in 2021.

Pure Foods Tasmania has acquired Lauds Plant Based Foods for $350,000. The plant-based alt dairy business produces dairy and cheese alternatives made mainly from nuts and oats.

More than forty per cent of Australians have changed their morning routine in the wake of COVID-19, research by Kellogg Australia says. The cereal giant said half of all Australians are now getting up earlier.

Keg rental business Kegstar is set to merge with keg logistics firm MicroStar. The deal will see 15 per cent owned by Brambles and 85 per cent by MicroStar shareholders.

Construction has begun on Circular Plastics Australia PET, the $45 million joint venture between Asahi Beverages, Pact Group and Cleanaway Waste Management that was announced in August 2020.

Soulfresh has appointed Michael Davies as chief marketing officer. Davies was previously director of Mars Wrigley M&A and Ventures in the US, and prior to that, marking director UK for Mars.

Wine tech company Cellr will be the technology partner with the Barossa Grape and Wine Association (BGWA) for its 2021 Barossa Wine Auction, the association says.

Indigenous-owned non-alcoholic brewery Sobah is taking its craft and storytelling to new heights in 2021. Sobah co-founder Dr Clinton Schultz speaks with Doris Prodanovic.