Costly bakery consolidation and rocky conditions hit Goodman Fielder
date:Jul 25, 2012
f the Baking business as part of the process of preparing its financial accounts for FY12,it added.

Divestment plans for its oils and milling businesses, the review of certain business areas and the struggles of Baking and Home Ingredients NZ will set the company back an additional A$190-200m in non-cash impairments.

FY12 earnings will be released on 14 August 2012.
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