BGA bega cheese limited
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Ann: Market update, page-6

  1. sabine
    20,985 Posts.
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    19/12/18
    12:40
    Post #: 36905675
    “Bega Cheese says FY19 performance to be impacted by farm gate pricing pressure
    COMPANY NEWS
    by Anna Napoli December 19, 2018 11:25 AM

    “Bega Cheese (ASX:BGA) expects overall milk intake in FY19 to be between 1 and 1.1 billion litres of milk compared with total intake of 750 million litres in 2018.

    The dairy company says performance in FY19 is expected to be impacted by farm gate milk pricing pressure.

    Bega is forecasting normalized EBITDA in the range of $123 to $130 million as compared to $110 million in FY18.

    Bega says despite the current decrease in milk supply in the Australian dairy industry it is is very pleased with the integration of the Koroit facility, and, the forecast performance of that acquisition.

    Shares in Bega Cheese (ASX:BGA) are trading 12.3 per cent lower at $4.98.”

    https://www.finnewsnetwork.com.au/archives/finance_news_network211598.html
    BGA Price at posting: $4.95 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$5.28 		Change
0.100(1.93%) 		Mkt cap ! $1.611B
Open High Low Value Volume
$5.15 $5.28 $5.15 $2.155M 410.7K

Buyers (Bids)

No. Vol. Price($)
2 859 $5.25
 

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Price($) Vol. No.
$5.30 964 3
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