PLAY PKN: Video Bulletin 27 May
In the news: APCO, PVCA/TRMC respond to govt change, Visy, Pact Group, Synergy Packaging, Opal, Dan Murphy’s, Arnott’s, Coles, tna solutions, AUSPACK Files.
Brought to you by Ball & Doggett.
Brought to you by Ball & Doggett.
Sixteen months after receivers were appointed over its holding company, the structural obstacle to selling Western Australia’s largest milk processor has been removed. McGrathNicol has launched the formal sale process for Brownes Dairy, with China Mengniu Dairy Company consolidating its holding position so the entire enterprise can be put to market rather than a shareholding above it.
Coles Group has reported FY26 group sales revenue of $45.58 billion, up 2.8 per cent, with EBIT excluding significant items up 9.9 per cent to $2.32 billion and NPAT excluding significant items up 13.7per cent to $1.26 billion.
Inghams has returned to volume growth with reduced dependence on Woolworths but net profit fell 61.5 per cent to $34.6 million as input cost inflation, first half production inefficiencies and a tax provision weighed on FY26 earnings.
