Tag Archives: S&P/ASX 200 S&P/ASX 300 ALL ORDINARIES S&P/ASX SMALL ORDINARIES S&P/ASX All Australian 200 S&P/ASX 200 Consumer Staples

On 8th June-2017, Bega Cheese Ltd has announced an opening price of $5.50 per kg milk

On 8th June-2017, Bega Cheese Ltd has announced an opening price of $5.50 per kg milk solids for its Victorian milk supply. The price is a 10% increase on last year’s opening price and reflects global market improvements in the dairy sector. Company believes as it was important to deliver a positive price signal to farmers a very tumultuous period

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Blackmores Limited – Should you get in?

9MFY17 impacted by decline in Australian sales and higher operating costs: During 9MFY17, the group sales declined by 6.7% yoy to $496 million, while net profit tumbled by 42.8% yoy to $43 million. However, sales trend is encouraging with moderate increase in Q3FY17 despite fewer trading days than Q2. NZ and Australian sales declined by 26% yoy $264 million during

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One consumer goods stock to buy?

Sale of the Springvale site: Asaleo Care Ltd (ASX: AHY) has entered into a sale and leaseback transaction for its Springvale manufacturing site. As per the management, sale of the Springvale site allows the company to release capital and provides opportunities to re-deploy cash into higher returning investments. The execution of these initiatives are expected to assist in the delivery

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During H1FY17, Metcash Ltd (ASX: MTS) reported a meager revenue growth of 0.3% yoy

During H1FY17, Metcash Ltd (ASX: MTS) reported a meager revenue growth of 0.3% yoy to $6.63 billion while posting a 4.2% decline in EBIT to $128.1 million, led by lower earnings in food & grocery division. Further, underlying profit after tax fell 4.7% to $82.8 million largely due to the decline in group EBIT. The company expects continuous positive momentum

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Is Metcash’s Turnaround Strategy Going To Pay Off?

Result Snapshot: Metcash Ltd (ASX: MTS) recently released its full year results showing that group’s revenue was up 1.3% with supermarket sales up by 0.5% with the estimated impact of the damage to the distribution centre in New South Wales taking into account while supermarket revenue was up 0.9%. The group EBIT at $ 275.4 million was in line with

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