Warrnambool reports half year profit in line with guidance
date:Mar 03, 2014
December 2013. This reflects the positive cash flow from operations partially offset by the investment in a new Lactoferrin plant commissioned in January 2014.

Earnings per share of 56.1 cents reflects the improved overall earnings position.

No interim dividend has been declared as the Directors foresee cash being retained for reinvestment into the business for growth, investment and development.

It should be noted that WCB's half-year profit result does not normally reflect the expected prop
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