Australian dairy firm Warrnambool Cheese and Butter has seen half-year profits more than double thanks to the healthy price of dairy commodities.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Net profit jumped 110% to AS$20.1m (US$18.6m) for the six months to 31 December; revenue climbed 34.6% to A$246.6m.


Warrnambool said revenue and earnings grew strongly as high price of dairy commodities more than offset the appreciation of the Australian dollar.


CEO Neil Kearney said: “Our continuing strategy of focusing on added-value products and service, along with recent plant upgrades and better operational flexibility, enabled the company to optimise its business mix across strong international and domestic markets – and allowed us to take advantage of high prices.”


Warrnambool announced a joint venture with Friesland Foods Domo in November, with the construction of a new plant, due to be started in January 2009. The new venture will trade as Great Ocean Ingredients.

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 - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now