PLAY PKN: Video News Bulletin 29 January
In the news this week: Nestle, Smarties, Heinz, Matthews Australasia, Ralph Moyle, AIP, World Packaging Organisation
Brought to you by Currie Group.
Brought to you by Currie Group.
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.
Endeavour Group’s decision to reset shelf prices at Dan Murphy’s has restored sales momentum but taken a heavy toll on earnings, with annual profit down 87.8 per cent to $52 million for FY26 after $372 million in pre-tax significant items covering restructuring, asset writedowns and the exit from its winery portfolio.
