MD & CEO, Steven Chaur, told shareholders at the Patties Foods Annual General Meeting in Melbourne on 18 November, 2014, the company has a clear focus in place to deliver results. The key focus elements include:
• Driving manufacturing efficiencies
• Growth in Out-of-Home
• Innovation Acceleration
• Field Activation and Customer Excellence
• Investment in Icon Brands
• Frozen Fruit Improvement
• Overhead Cost Reductions, and
• Material Cost Mitigation.
“We remain committed to driving earnings growth in FY15 and building shareholder value through our focus on the basic enablers in our business.
“Our focus is to be the best in our Industry in terms of having a safe workplace, leading step change innovation, driving our brands, excelling in product distribution and having an efficient and lowest-cost Bakery operation.
“And we will continue to seek opportunities to recover raw material cost pressures and to
improve our position with our customers in a highly competitive market.
“On behalf of management and the Board I would like to thank all of our Patties Foods employees for their hard work, passion and willingness to embrace positive change,” Mr Chaur said.