Hepatitis A recall takes bite from Patties profit

Original article by Jared Lynch
The Australian Financial Review – Page: 23 : 4-Jun-15

Patties Foods has advised that it is likely to post a 2014-15 net profit of $A15m, down from $A16.7m previously. Earnings for the current year are expected to be reduced by about $A1.5m due to a frozen berries product recall arising from a hepatitis A scare. CEO Steven Chaur says the group now subjects its berries to a stringent testing regime.

CORPORATES
PATTIES FOODS LIMITED – ASX PFL, NANNA’S, CREATIVE GOURMET, FOUR ‘N TWENTY PIES

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