Chicken industry's solid economics make Tegel, Ingham's hearty but bland fare
Vesna PoljakSenior markets reporter
Updated
The $1.3 billion to $1.5 billion Ingham's float means local investors will soon have two listed chicken processors to peck at.
Ingham's is the dominant poultry business in Australia, which is one of the world's biggest consumers of chicken on a per capita basis. Indeed, Australians already eat so much chicken – around 40 kilograms each a year – the earnings growth prospects for Ingham's are linked largely to its ability to cut costs and lift productivity.
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Senior markets reporter Email Vesna at vpoljak@afr.com.au
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