date:May 09, 2013
its competitiveness against imported retailer private label packaged fruit and vegetables. CCA reported that the shelf prices of many imported private label products are being sold at levels well below the cost of Australian grown packaged fruit and if the retail trading outlook does not improve in the second half, the SPC Ardmona earnings decline is expected to lower Group earnings by between 2-3 per cent for 2013.
Restructuring of the SPC Ardmona business is set to continue, according to CCA,