date:Feb 27, 2013
Competition from private label discounting has eaten into Patties Foods share of the frozen food aisle market and caused its half-yearly profit to dip 16.5 per cent. The latest financial results for the half-yearly period ending in December 2012 were released to the ASX on 25 February 2013.
The company, which owns a number of Australias icon brands including Herbert Adams and FourN Twenty, has seen pressure increase on its frozen fruit products and on Nannas Fruit Pies but did still see an incr