Freedom Foods Group
‘Close to going over the edge’: Ex-CFO fined over Milklab cover-up
Freedom Foods (now Noumi) former chief financial officer Campbell Nicholas has been penalised for his part in covering up warehouses full of expired stock, which he has expressed remorse for.
- Jessica Yun
Latest
‘Hidden factories’ and missing millions: Unravelling Milklab’s $590m corporate cover-up
Four years on, a Federal Court judgment and court documents lay bare fresh details of the cover-up that brought the maker of Milklab to its knees.
- Jessica Yun
Milklab maker hopes for ‘coffee culture’ to continue despite cost-of-living crisis
Households might be watching their budgets, but the chief of Milklab’s manufacturer is confident Australians will keep making coffee at home.
- Jessica Yun
Gone sour: Executives behind Milklab maker’s implosion to face court
The corporate watchdog is suing two top executives at Freedom Foods who exited the company days before a write-down that brought it to its knees.
- Jessica Yun
‘Unwavering’: Milklab maker’s boss unfazed by $161 million loss
Milklab sales were one of the few bright spots in Noumi’s 2022 financial year numbers that otherwise almost entirely went backwards.
- Jessica Yun
- Exclusive
- Food & drink
‘Walking away’: Milklab maker ‘refuses’ to talk as European dispute sours
ASX-listed Noumi is close to wrapping up one dispute with US almond growers over its prized brand – but now faces another legal challenge.
- Jessica Yun
The billion-dollar implosion behind Milklab, your barista’s favourite almond milk
Few coffee drinkers would know the company behind the popular plant-based milk product Milklab is involved in a spectacular corporate implosion.
- Jessica Yun
Milklab to drive Noumi’s return to profit
Noumi chief executive Michael Perich is hoping to benefit from growing appetite for plant-based milks as rising milk prices eat into profits.
- Jessica Yun
Freedom Foods under pressure as stock write-downs widen
Freedom Foods has confirmed it will have to write down an extra $35 million of inventory and increase its allowance for doubtful debts.
- Darren Gray
Freedom Foods feels bite as chief executive takes 'leave'
Investors sent ASX-listed food maker Freedom Foods shares plummeting after the company said its chief executive Rory Macleod was on leave a day after the resignation of its chief financial officer.
- Darren Gray and Lucy Battersby
Original URL: https://www.brisbanetimes.com.au/topic/fnp-m8