just the answer - Warrnambool

Things were on the up for Australian dairy group Warrnambool Cheese and Butter Factory. In August Warrnambool signed a JV with National Foods that will see it take a share of the Dairy Farmers acquisition and in October the company posted a 154% leap in full-year net profit on higher milk prices. However, in a reversal of fortune that demonstrates the volatile nature of commodity markets, a slump in Australian dairy prices forced Warrnambool to issue a profit warning last week. Dean Best caught

just the answer - Neil Kearney, Warrnambool Cheese and Butter Factory

22 December 2008

AUS: Dairy price slump hits Warrnambool

19 December 2008

A slump in dairy prices has led Australia's Warrnambool Cheese and Butter Factory (WCB) to admit today (19 December) that its full-year earnings will fall.

AUS: Warrnambool sees profits more than double

30 October 2008

Australian dairy firm Warrnambool Cheese and Butter Factory saw its annual profits more than double due to record prices, the company said today (30 October).

AUS: Warrnambool “mulls rights issue” to fund takeover

2 September 2008

Warrnambool Cheese and Butter Factory has indicated that it is considering a rights issue or placement to fund its acquisition of a 50% stake in the Dairy Farmers cheese business.