BGA's international branded business is about 10 per cent of total branded sales. Southeast Asia is 'exciting'. Processed cheese and yoghurt are mainstays with growth expected for five to 10 years.
The USA has increased its cheese production capacity. BGA does not expect China to lead into increased prices for dairy, as Chinese demand is still below what was the case a couple of years ago.
Petrol and convenience store food sales have slowed down. Out-of-home consumption overall has decreased.
Aldi's sales have increased. BGA is a key partner.
Protein products are an A$8 billion market in Australia. Dare is doing well. More protein offerings are coming shortly. In yoghurt, BGA has been underweight but again, initiatives are on the way.
Directions hearings are underway re the trademark matters. Mr Irvin did not want to comment further.
BGA is winning more retailers' own brand contracts than it had historically.
BGA Price at posting:
$6.10 Sentiment: Hold Disclosure: Held
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