Freedom not free from issues... as it writes down $60m in stock and loses key staff

摘要

Dairy and cereal business Freedom Foods Group is also Australia's biggest producer of UHT plant beverage products (including big-selling almond milk lines Almond Breeze, AO and Blue Diamond). Its diverse brand portfolio spans Australia's Own beveragesand Messy Monkeys snacks among other brands. The company has grown rapidly as a keen player in the dairy industry, buying about 420 million litres of fresh milk in 2019-20 which was processed into UHT products and through its new lactoferrin plant at Shepparton in northern Victoria.