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Private label contract loss hits Patties Foods profit
date:Feb 27, 2014
thermore, Patties reported that interest cover improved to 7.0x (30 June 2013: 6.5x).

Outlook

Patties said it currently anticipated in the second half of 2014 to at least match last years second half underlying net profit after tax as a result of:
Focus on its core brands.
The launch of innovative new products.
The price increase flow through to recover cost increases.
Disciplined control of costs.
Improved manufacturing efficiencies through the full benefits of the automation project and its

12/24 10:59