date:Feb 22, 2013
One of Australias fastest-growing food companies, Bega Cheese, has today announced a $15.9 million half-year profit.
Bega Cheese said its ongoing profit growth was attributable to the Companys willingness to invest in value-adding infrastructure.
The Company reported a revenue increase of 9.6 per cent to $491 million attributed to a long-term contract with Coles supermarkets and increased production in cream cheese. Bega Cheeses EBITDA also increased 14 per cent to $37.4 million over the firs