TSN 0.00% 1.0¢ the sustainable nutrition group ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

  1. 5,441 Posts.
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    I'm still grating at the naivety of the retail plan.

    "H2 revenue was impacted by lower-than-expected
    sales from branded products and ingredients sales, including weaker than
    expected sales from The Australian Super Food (TASCo) acquisition."

    I'm pretty sure that sentence covers everything they do.

    "H2 revenue was impacted by lower-than-expected sales." would have been enough.

    "TSN has implemented significant cost reductions with costs expected to fall by over 40% in FY23." I like that bit. At least they haven't put on dark glasses and soldiered on. The ability to cut costs in half without effecting revenue says a lot about the inefficiencies of the current operation.
 
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