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Bega Cheese Announces FY 2021 Full Year Results

27 Aug 2021  |  08:37:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Media Release - FY2021 Full Year Result

Bega Cheese announced its full year audited results for the financial year ended 30 June 2021, a year in which it completed a transformational acquisition which expanded its branded foods portfolio, increased its exposure to and gained market share in growth categories and added to its consumer goods supply chain and organisational capability. The Company generated normalised earnings before interest, depreciation and tax (EBITDA) of $141.7m in FY 2021, 38% higher than the prior year and sales revenue of $2.07bn, with a net debt of $324.9m and an adjusted net debt/normalised EBITDA leverage ratio of 2.25.

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