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2022 - Bega Group

ASX ANNOUNCEMENT – BGA Announces CEO Transition

Bega Cheese (ASX: BGA) advises that CEO Paul van Heerwaarden has decided that he will step down as Chief Executive Officer in the coming months. Executive Chairman Barry Irvin commented “Paul has been a wonderful CEO for Bega Cheese and has led the organisation through a period of great change and development always giving his […]

FY2022 Financial Results

A year of achievement in challenging circumstances Bega Cheese Limited (ASX: BGA) has announced its full year audited results for the financial year ended 30 June 2022. Bega Group revenue exceeded $3 billion with the company recording normalised earnings of $180.1 million and statutory earnings of $149.9 million. The company generated net operating cash flow […]

Trading Update FY2022

Summary COVID-19 impacts easing in fourth quarter however, full year direct costs related to COVID-19 expected to be in excess of $40 million Floods in Central Australia, Northern NSW and Queensland in February and March 2022 have significantly disrupted customer deliveries and increased transport and logistics costs Lockdowns in Shanghai are impacting product delivery schedules […]

1H FY2022 FINANCIAL RESULTS EARNINGS GROWTH AND MOMENTUM DESPITE COVID-19 DISRUPTIONS

Bega Cheese Limited (ASX: BGA) announced its interim report for the half-year ended 26 December 2021. The financial performance of the company was at expectation particularly in the context of the increased costs and challenging trading conditions related to COVID-19. The result demonstrates the resilience of the expanded Bega Cheese business and the importance of […]