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Freedom Foods sales gain on plant-based beverage boom

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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Freedom Foods says total revenue from continuing operations rose 4.3 per cent in the fourth quarter from the prior three months thanks to strong growth in long-life dairy and plant-based beverages.

Shareholders in May voted in favour of the final piece of restructuring after a horror year when it was forced to restate several years’ worth of its financials and took $590 million in write-downs following a nine-month suspension from trade.

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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

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    Original URL: https://www.afr.com/companies/manufacturing/freedom-foods-sales-gain-on-plant-based-beverage-boom-20210730-p58ehh