Challenging outlook for Australian dairy giant WCB
date:Apr 23, 2013

WCB outlook challenging

Meanwhile WCB has announced that it expects its net profit in the 2013 financial year to be at least 80 per cent below last financial year.

Subdued international commodity prices, the continuing high Australian dollar and ongoing competition in the raw milk market keeping upward pressure on prices paid to milk suppliers mean the full year outlook remains challenging, according to a statement from WCB.

The Company said that it did expect the situation to improve in the
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