date:Apr 08, 2014
Dairy and Drinks business had faced significant margin pressure in the last quarter of 2013, and faced considerable headwinds in the coming year. Some commentators have suggested that the dairy division in Australia might be a distraction for Lions Japanese parent Kirin.
Long-term contracts allow for investment and innovation
Woolworths said its house brand Select milk range is being sourced from milk processors rather than direct from farmers, meaning it has no direct control over farm gate