BGA 1.15% $6.16 bega cheese limited

Beating Expectations

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    I know we've been told to expect a normalised year of revenue growth but there are a number of new factors in play which should help . We have the first dollars of the supply deal with China to add plus the conversion and competition benefits of a lower AUD. probably too late for FY15 but in the coming years we also have the additional milk supply which should add to revenue and it seems dairy commodity prices have bottomed with gains at the GDT. We're still waiting on news of the Tatura factory plant upgrades, which will see expansion into the new product areas

    Any thoughts?
 
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