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Goodman Fielder directors recommend $1.3 billion First Pacific and Wilmar joint takeover
date:Jul 03, 2014
00-400 million (unaudited) in its Group accounts for the year ended 30 June 2014 (FY14). This charge is expected to be predominantly against the Australian/New Zealand Baking business.

The final impairment charge will be determined as financial statements for FY14 are completed.

Goodman Fielder advises that post the expected non-cash impairment charge, the Group will continue to operate comfortably within its banking covenants.

12/21 09:35