ING 3.48% $2.97 inghams group limited

Ann: ING FY2023 First Half Interim Results Presentation, page-17

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  1. 10,782 Posts.
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    From 'The Australian' Thursday 23 February 2023:

    "...Woolworths and Coles have also seen a switch to cheaper meats, from beef to white meat such as chicken, or shoppers picking cheaper cuts of steak as well as much cheaper mince..."

    WOW is ING's biggest customer.

    COL is not in ING's top three, but may be fourth or fifth. I gather much of COL's fresh chicken (if not all) is sourced from ING competitors such as Baiada.

    Moral of the story is (a) WOW is Australia's #1 supermarket chain (b) buy your chicken at WOW not COL.
 
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