CHOCOLATE INDUSTRY – AUSTRALIA

Guylian’s sweet spot for growth

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Original article by Simon Evans
The Australian Financial Review – Page: 19 : 24-Jun-15

Guylian currently has three chocolate outlets in Sydney, but the group intends to pursue national expansion. Patrick Freriks, the operations director of Guylian Belgian Chocolate Cafe, says the aim will be to have 30 outlets across Australia within four years. He stresses that the chocolate cafes will offer a different range of Guylian products to those available in supermarkets.

CORPORATES
GUYLIAN BELGIAN CHOCOLATE CAFE, LOTTE CONFECTIONERY COMPANY LIMITED, COLES SUPERMARKETS AUSTRALIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW

Darrell Lea’s sugar rush

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Original article by Su-Lin Tan
The Australian Financial Review – Page: 21 : 24-Sep-14

VIP Petfoods GM Rex Devantier says the Darrell Lea confectionery business is now cash-flow positive and trading on a double-digit multiple. VIP Petfoods bought the company from administrators in 2012, and it has since slashed Darrell Lea’s staff numbers and secured deals to distribute its products via supermarket chains. Devantier notes that Darrell Lea has also launched a range of new products

CORPORATES
DARRELL LEA CHOCOLATE SHOPS PTY LTD, VIP PET FOODS