Australian frozen foods group Patties Foods said today (26 February) that it saw its half-year profits dropped despite a rise in sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


For the six months ended 31 December net profit was down 35% to A$4.7m (US$3.1m).


The company enjoyed an increase in sales of 6.2% to A$90.48bn, driven mainly by growth in the company’s foodservice channel.


EBITDA, however, dropped 4.6% to A$13.1m. Retail sales also experienced a drop of 1.4% compared to the corresponding period in the prior year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now