date:Sep 27, 2019
ars.
As part of the three-point plan (take stock of the business, get basics right and ensure more accurate forecasts), we also set a goal in FY19 to reduce our debt by NZ$800 million. Tip Top made a significant contribution and, along with the sale of DFE Pharma, we expect to exceed this target in FY20, says Hurrell.
The company will also close its Te Roto, New Zealand, specialty cheese-making facility in a very tough but necessary consolidation move. The specialty cheese business has been l