And This
Ability to produce long life milk products and export them.......Get em as Infants and feed em as they grow up...
Advanced Liquid Dairy Packaging Facility commissioned and production of Food Stuffs South Island private label product range commenced - Performance behind expectations due to initial commissioning challenges and low fixed overhead recovery, resulting in a FY19 gross margin contribution of ($3.5)million
- 9 million litres of milk were processed - Working to stabilise performance and bring it back in line with expectations
- Evaluating several options to target high-returning, fast-growing pasteurised and long-life dairy beverages. Focus shifted to commissioning the long-life dairy beverages line, with relevant export license and shelf life testing underway.
Continue to expect first sales in the second half of FY20
Ann: Investor Presentation, page-148
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