But there was more to this year than disease and strife. Big deals were done, innovations launched, and progress towards sustainability was made.
To read the roundup of the most important stories of the year, published in PKN's Nov-Dec 2020 issue, click here.
A $27 million write-down of legacy inventory drove reported EBITDAS to negative $35 million, while net debt finished at $89 million against $90 million guidance.
SPC Global has delivered normalised EBITDA of $38.5 million for FY26, up 27 per cent and ahead of guidance for 25 per cent growth, on net sales revenue of $331.8 million.
Turnover and employment are at record levels in Australia’s food and grocery manufacturing sector and exports are also climbing, according to Australian Food and Grocery Council’s (AFGC) latest State of the Industry report. But the figures came with a warning – ongoing pressure on margins and operating costs could weaken the sector’s capacity to invest and grow over the long term.
