Goodman Fielder Limited
(ASX:GFF) has posted a net loss of $146.9 million, which is an 11.9 per cent improvement from the same time last year.
Revenue declined 1.7 per cent. Australia’s largest food manufacturer says trading conditions in Australia and New Zealand were challenging and impacted the final results.
No dividend has been declared. Goodman’s chief says domestic market conditions in 2013 full year are expected to remain similar to the prior year with subdued consumer confidence and spending.
Asia Pacific markets are expected to provide export opportunities in the medium term.
