I believe its the United Kingdom
https://www.ft.com/content/2f98f57e-...6-4a6390addb44
Company blames ‘teething problems’
but I thought chickens didnt have teeth
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I believe its the United Kingdom
https://www.ft.com/content/2f98f57e-...6-4a6390addb44
Company blames ‘teething problems’
but I thought chickens didnt have teeth
No shortage of chicken but a stuff up by the new logistics contractor DHL.
Bit of misfortune for Tegel
Suppose ammonia and dead chickens don’t mix
That link has expired W69
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The company is working to quantify the one-off costs relating to the disruptions. At this stage theeffect on Net Profit After Tax (NPAT) is estimated to be between NZD$1.5 million and NZD$2.0 million.
Hope Ingram’s not winning in NZ at Tegel’s expense
In spite of market dynamics remaining challenging in NZ they say — The company said New Zealand performance improved in the first half, supported by growing poultry volumes and dairy feed demand, with revenue for New Zealand $191.1m for the half, up from $185.5m for the first half of the 2016 fiscal year.
http://nzx-prod-s7fsd7f98s.s3-websit...741/275186.pdf
Big supporter selling out? Had enough?
Proposed factory near Dargaville sounds gross
John Hart (@farmgeek)
28/02/18, 4:29 PM
Tegel is considering burning 56,000 tonnes of chicken manure each year, plus floor litter, plus about 40 tonnes of carcasses (at 3% mortality).
https://www.nzx.com/announcements/315217
Another profit downgrade but wait, there's more - $8m to $10m of one-off costs.
Otherwise, all's fine and the company is growing volumes!
Just gets worse doesn't it.
The only thing going for it is probably a consistent dividend yield.
This really is no "clucking" good.They really don't get it do they ! What they need to tell the market is what the annual savings will be from the organisational review. No investor cares about whether their management processes are better or not !Quote:
As noted in the FY18 Interim Results, an internal restructure of the business was completed in February 2018 resulting in roles being consolidated. Although there will be a short term cost impact in the FY18 year, there will be ongoing benefit from the improved organisational structure.
For instance, If they said we're going to save $2m per annum from our extremly bloated head office costs the market might say thank goodness for that !
Tegal and Beagle rhyme but I wouldn't have a bar of this flea ridden mutt !