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Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender, page-4

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LT_Investor

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15/12/20

22:33

Post #: 49603976
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Originally posted by TheMarketHerald: ↑

Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender

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ASX:KTD MCAP $62.86M

CEO, Danny RotmanSource: Keytone Dairy

Keytone Dairy (KTD) has been awarded a significant Coles Private Label Tender by Coles Supermarkets (COL)
Sales are expected to total $5.2 million per year and while the terms have not been specified, the company believes it will be longer than an initial 12-month period
Products will be manufactured at Keytone's Melbourne facilities
Production is set to begin late in the first quarter of 2021 and the product is set to be available in Coles stores from Q2 2021
Keytone is up 6.12 per cent on the market with shares trading at 26 cents
Keytone Dairy (KTD) has been awarded a significant Coles Private Label Tender by Coles Supermarkets (COL).

The tender process was very competitive and was won as a result of Keytone's thorough health and safety standards and its manufacturing facilities.

Sales are expected to total $5.2 million per year and the products will be manufactured at Keytone's Melbourne facilities.

Read the full article on The Market Herald

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Can't believe recent announcements didn't make the market feel excited. These announcements were very solid.
KTD Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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