The Australian Agricultural Company (AACo) today announced earnings before interest and tax (EBIT) for the six months to 31 December 2001 of A$41.2m (US$21.3m), an increase of 142% over the previous corresponding period. Net profit after tax (NPAT) for the period rose 136% to A$28.1m. Earnings increased primarily as a result of higher beef sales revenue and mark to market valuation increases brought about by the continued strength of cattle prices. Prices finished the six-month period to 31 December 2001 at a considerably higher level than at the start of the financial year.
AUSTRALIA: AACo H1 results exceed FY expectations, profit guidance revised upwards
Get full access to all content, just $1 for 30 days

just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Kerry's dairy plans curdle – for now
- Which meat groups have stakes in alt-meat?
- Vivera CEO on meat-free group's growth plans
- How to avoid FDI turning into a nightmare
- How Covid has shaped Brazil frozen-food market
News
- Kerry's talks over asset sale suspended
- JBS in 'talks to buy plant-based firm'
- Vivera boss explains thinking behind JBS deal
- JBS confirms European meat-free M&A
- Chobani starts factory project
Market research
- China In-depth PESTLE Insights
- Arla Foods amba - Strategy, SWOT and Corporate Finance Report
- Ice Cream in the Netherlands
- Meal Kits (Prepared Meals) Market in South Korea - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
- Processed Snacks (Savory Snacks) Market in Egypt - Outlook to 2023: Market Size, Growth and Forecast Analytics
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
