Freedom Foods Group says revenue for the third quarter fell 10.7 per cent while it paid a total of $4.45 million to companies associated with the Perich family – key backers of the UHT milk and plant-based drinks maker.
The troubled manufacturer outlined in a statement to the ASX late on Friday afternoon that sales fell $17 million to $141.6 million in the March quarter, compared with the second quarter of fiscal 2021, broadly in line with company expectations.
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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
