Hey mate, mostly COGS related. SMP, which is a key input in grass feed formula is at a 5 year high and I'm uncertain regarding the Daloraine factory - BUBs use Bega and Fonterra to pack formula, therefore what are they doing with Daloraine - if it's underutilised this will increase costs/COGS.
expecting a SP increase at the end of Jan?, page-7
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