HLF 0.00% 0.7¢ halo food co. limited

Ann: COLES CONTRACT WIN, page-6

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  1. 3,387 Posts.
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    @Asimpletonne, your comment is misleading. This is a new contract win and an extension with Coles, not a blanket 1:1 renewal. Contract manufacturing is a scale game and that's what they are working towards achieving. With these larger deals, we are finally starting to see operating leverage kick in, as evidenced by the now positive (and improving) group EBITDA YoY. A contract of this size with a company like Coles highlights Halo's professionalism and consistency as a CM partner. I personally think it is a solid announcement and solid progress, not "rubbish". Each to their own.

    https://hotcopper.com.au/data/attachments/4427/4427818-ecb7e291d375d92662b3d027ff5ca093.jpg

 
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