AUS: Goodman Fielder sees profit at low end of forecast
date:Jul 24, 2012
Goodman Fielder has said it expects its full-year earnings before interest and tax to some in at the lower end of its previous forecast.

In an announcement this morning (23 July), the Australian manufacturer said its business has been hit by the very challenging conditions it faces in Australia and external markets.

Increased competitive pressure, including price reductions for supermarket private label bread and the resulting pricing pressure on proprietary branded bread, together with higher
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