BGA bega cheese limited

News: BGA Bega Cheese says to cease supply of coles own brand cheese

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    Feb 01 (Reuters) - Bega Cheese Ltd (BGA) :

    • Bega Cheese to cease supply of coles own brand cheese (BGA)
    • Bega Cheese expects to manage the change in our business mix over the coming twelve months
    • Says change in the supply arrangements at coles will see Bega Cheese redirect the related milk supply to other value added dairy products
    • Says will see a significant decrease in inventory holding for the company with up to $60 million of cheese inventory being realised
    • Source text (http://bit.ly/1Q4Up2l)

 
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