Australian food company Green’s Foods admitted yesterday that it might struggle to meet its full year profit forecasts of A$7.7m(US$4m). They may even fall below the A$3.2m recorded for the 1999/2000 period.

Go deeper with GlobalData

Go deeper with GlobalData

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


The considerable drop in the group’s second half earnings has been attributed to cost over-runs incurred during a manufacturing reorganisation.


David Slatem, managing director of the firm, was anxious to stress that this is not an indication that Green Foods is “in difficulty.”

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact