date:Aug 17, 2012
nced a costly overhaul of its bakery business Project Renaissance that involved three bakery site closures and the consolidation of operations under one manufacturing hub.
Costs relating to this project and additional divestments of its oils and milling units will stack up to around A$275m in total, the firm said.
However,Goodman Fielder remains committed to the execution of its strategic plan which the company believes has the capacity to create significant value for shareholders,it said.
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