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Five years ago, three friends decided to start making gin when there were only 10 local brands in the market. Kim Berry talks to the founders of Never Never Distilling Co on how they are keeping ahead of the pack.
Noumi recorded a positive third quarter, with revenue up 5.6 per cent to $137.5 million on 3Q23. Its Plant-based Milks business rose 12.5 per cent to $42.7 million, while Dairy and Nutritionals rose 2.8 per cent to $94.9 million.
Shareholders will be the beneficiaries of Woolworths Group selling five per cent of its stake in Endeavour Group. The block trade, at $5.22 per share, will raise $468 million, with Woolworths saying the proceeds would be returned to shareholders.
