Camperdown factory is running 24/7 and has been for months. I go past regularly. They are selling everything they make at increased margin. Bal strategy is to buy remaining 10% of Camperdown and upgrade production lines for increased capacity after they gain SAMR. Underestimated how well new formula would sell hence not many tins on shelves. So makes sense not to ramp up production to much without SAMR being a certainty. If demand has been this good so far expect higher earnings guidance.
BAL Price at posting:
$8.70 Sentiment: Hold Disclosure: Held
