BGA bega cheese limited

Later in the Annual Report (page 20), it does say this that may...

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    Later in the Annual Report (page 20), it does say this that may somewhat ameliorate concerns, although obviously now it's larger, BGA needs a lot more milk supply:

    "The Group received 1.12 billion litres of milk during FY2021, up 17% on
    the 955 million litres received in FY2020, including milk procured in
    Bega Dairy and Drinks from the date of acquisition..."

    The comment on page 22 is also very important, as getting information technology correct is critical:

    "...Bega entered into a transition services agreement with Lion for fifteen
    months after acquisition date. This transition services agreement
    covered the provision, by Lion, of some accounting services such as
    treasury and accounts payable, payroll services and the hosting and
    application management of technology services. At the end of the
    FY2021 Bega has transitioned all services except for technology.

    Bega has also commenced planning a final Enterprise Resourcing
    Platform solution for migrating the businesses onto a single platform..."
 
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Last
$5.18
Change
0.050(0.97%)
Mkt cap ! $1.583B
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$5.15 $5.22 $5.15 $862.6K 166.5K

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