Food and Beverages

Harvey Norman buys $34m dairy stake

by AAP
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Homewares retailer takes 49.9% stake in northern Victorian dairy company Coomboona.

a2 says no takeover 'imminent'

by AAP
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Diary company says it hadn't received anything more on US-Australian joint bid.

Family business buys iconic SA winery

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Renowned winemaking family purchases Barossa Valley winery.

Milk suppliers have plenty to cry over

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Murray Goulburn’s warning that it may cut the milk price it pays to farmers reflects the impact of the global supply glut, and there's no respite in sight.

ATO sues ex-Nudie chief for 'scam'

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Allegations Andrew Binetter and his family ran a tax scam worth $100m heard today.

Murray Goulburn warns on milk price

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Australian farming co-operative warns on commodity prices as profit beats forecast.

Metcash downbeat on grocery outlook

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Metcash says growth and initiatives not likely to offset grocery and food headwinds.

Retail Food posts record profit

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Gloria Jeans owner expects to increase underlying NPAT by 20% over coming year.

Bega Cheese sees FY profit fall

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Declines in global dairy commodity prices take toll on dairy company's earnings.

Australian Vintage toasts falling dollar

by AAP
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Winemaker posts fall in annual profit, eyes boost in the year ahead.

Fosun aims for Brownes dairy deal

Chinese conglomerate among eight parties vying for Archer Capital’s dairy business.

Frozen berries recall costs Patties Foods

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Patties Foods posts 87% per cent slide in full-year net profit after frozen berry recall.

Economic downturn, supermarket wars biggest threats to Wesfarmers: analysts

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Escalating supermarket price wars and the potential for a sharp downturn in the Australian economy are two key threats to the conglomerate.

Coca-Cola Amatil profit edges higher

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Soft-drink bottler still struggling to meet target of mid single-digit growth in earnings.

Salmon sales push Tassal earnings higher

by AAP
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Australia's growing appetite for salmon has delivered a double-digit earnings boost for fish farmer Tassal.

How Coles is crushing Woolworths in the price war

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Coles is wiping the floor with its major supermarket rival, with its quarterly sales growth outpacing those of Woolworths for the sixth year in a row.

Woolworths’ Masters losses blow out

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Losses at Woolworths’ struggling hardware chain Masters have widened, increasing pressure on the retail giant.

Treasury Wine's transformative strategy is bearing fruit

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Michael Clarke's overhaul of Treasury Wine is beginning to reshape the beleaguered wine producer into a premium brands business.

Treasury Wine bounces into the black

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Winemaker posts FY profit of $77.6m, exceeds target for removal of overhead costs.

Manassen mandate handed out

Manassen Foods' plan to float on the Hong Kong stock exchange could be gathering steam.

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