Freedom Foods Group’s underlying business has improved over 2021, with revenue boosted by strong growth in plant-based beverages, but the company’s major overhaul cost $28 million.
The company remains under investigation by the corporate regulator over allegations that it breached continuous disclosure and financial reporting obligations.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
