Oat Milk Goodness (OMG) Group’s Barista Oat Milk will now be available in over 350 additional Woolworths supermarkets from November, with the brand receiving a notice of distribution increase for its popular oat milk.
The impact of Woolworths reducing Ingham’s supply contract became clear on Friday, when the country’s largest chicken processor presented its FY25 results and reported a 10.2 per cent drop in net profits to $89.8 million. Revenue was $3.1 billion, a drop of 1.5 per cent.
Bega Group reported $3.5 billion in revenue for FY25, with $165 million in earnings before interest, tax, depreciation and amortisation (EBITDA). But restructuring costs from “transformational business improvement initiatives” impacted the business.