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...
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.
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).
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.
Australian dairy firm Warrnambool Cheese and Butter Factory has joined a bid by National Foods to buy Dairy Farmers.
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