The dairy farming and processing firm told shareholders at it’s annual general meeting on Friday it will work directly with customers to grow sales in Asia, particularly China.
It is also planning to focus on organic production and specialised dairy farming.
The company’s product line, Camperdown Dairy, which it acquired in April, will sell pouch yoghurt, drinking yoghurt and buttermilk in Woolworth’s stores.
ADF farms suffered high input costs during last year’s hot, dry summer, but a moderate Le Nina system has brought increased rain in winter and spring.
The company’s shares were up one cent at 18 cents at 1305 AEDT.
Source: NEWS
Link: http://www.news.com.au/finance/business/breaking-news/australian-dairy-farms-targets-asian-sales/news-story/0e1d283a0e1692f30e1d6f4b0ee7eefa
