BAL bellamy's australia limited

More to come..., page-69

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    "As a consequence of lower than expected sales and the long lead time in Bellamy’s’ supply chain,
    inventory levels as at 31 December 2016 are expected to be approximately $105m to $110m,
    with finished goods expected to comprise approximately 75% of this balance.

    They need to move this inventory and the fastest way to do this is by discounting which will

    affect profit.
 
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