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Costly bakery consolidation and rocky conditions hit Goodman Fielder
date:Jul 25, 2012
to see the benefits of this project, it said, as it continues to struggle amidincreased competitive pressure, including price reductions for supermarket private label bread and the resulting pricing pressure on proprietary branded bread, together with higher labour and logistics costs.

While Goodman Fielder believes its strategy to address these market challenges will increase earnings over the medium term, the company continues to adopt a prudent approach to its review of the carrying value o

12/22 03:07