PLAY PKN: Video News Bulletin 29 January

In the news this week: Nestle, Smarties, Heinz, Matthews Australasia, Ralph Moyle, AIP, World Packaging Organisation

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Food & Drink Business

Perfection Fresh has admitted to cartel conduct in supplying vegetables to ALDI and will jointly ask the Federal Court with the ACCC to impose a $12 million penalty. The NSW-based wholesaler is Australia’s second-largest fresh vegetable supplier.

Lark Distilling net sales fell 4.5 per cent to $3.5 million in the September quarter, ending eight consecutive quarters of growth, as export sales stalled while it brings on a new distributor in China.

Woolworths Group lifted Australian Food sales 6.9 per cent to $14.84 billion in the first quarter of FY27, driven by higher volumes as average prices fell for an eleventh straight quarter.