Core Tip: Australian food firm Goodman Fielder said that thanks to better dialogue with its retail partners, agreed price increases across its bakery arm will help boost business further.
The company has invested heavily in strategies to reduce cost base and improve efficiency over the past few months in a bid to surface from its financial struggles.
In its full-year 2012 earnings Goodman Fielder recorded a 20% drop in operating profit and an overall A$147m ($153m) loss of earnings.