MG processes around 50% of the milk in the VIC market.
MG supplies the private label milk products seen in major supermarkets such as Coles and Woolworths.
They also own Devondale.
Key strategy for next year is to focus on the value added products which are higher margin and
provide better growth opportunities. This includes UHT (long life milk), cheese, butter and cream
50% of products are exported to Asia, China and the Middle East.
China etc happy paying a premium for MG products for better food and safety standards.
If priced in the mid range this will be a great float.
