Australian Highlights FY06/07
Riva coffee continues to grow at more than 30 per cent, driven by the launch of the premium freeze-dried product, Riva Arôme, which is attracting new households to the Riva franchise.
Gravox cemented its position as category leader in all segments delivering double-digit growth fueled by innovation led growth. The brand achieved the $50M sales milestone.
Saxa continued to maintain its leadership position leading innovation with premium salts and grinders.
Fountain, our flagship sauce brand, achieved share gains in the bottled sauce category growing through dedicated 'in-store theatre' activity.
2007 was a year of 'thinking differently' and saw advertising in a wide range of media, including Youtube and branded websites.
The outlook looks positive with Mocopan Coffee having strengthened and extended partnerships with its corporate customers.
The business also successfully implemented a new ERP system in Australia on 1 October 2006, which was subsequently rolled out to the New Zealand business on 1 October 2007. The project represented a significant investment in resources which now secures our business systems platform for the future.
New Zealand highlights FY06/07
The Coffee business performed well with the total Robert Harris Brand growing 11 per cent strengthening its leadership in the fresh coffee market.
Robert Harris also continued its strong revenue growth in Instant Coffee Freeze Dried market to become the No.2 Freeze Dried brand in the New Zealand market.
Following two very strong years of growth, Gregg's herbs & spices grew at 7% with the launch of new seasoning blends maintaining its leadership in the category.
Cerebos Gregg's sales force was recognized for service excellence achieving a top 3 ranking by the major retail trading partners through an independent survey.
The Foodservice business performed very strongly achieving a 16 per cent increase in top line growth led by fresh coffee and associated products.
Caffe L'affare had a successful first year meeting acquisition targets, increasing its retail market share and continuing to drive growth in hospitality channels.
Atomic Coffee Roasters has continued to strengthen its position in premium end of the cafe channel with a steady flow of new accounts.
The Robert Harris café network continued to grow with six new sites opened in the financial year. The franchise achieved the milestone of 50 café outlets and maintains its leadership position as the largest café chain in New Zealand.
Cerebos Australia & New Zealand Financial Summary
Associated Companies
Dominion Salt highlights FY06/07
Dominion Salt achieved a record tonnage of salt sales, which led to a very successful financial performance.
The strong sales result was driven by an increase in sales of salt into the agricultural sector in New Zealand, which has enjoyed a period of strong growth, and an increase in the sales of pharmaceutical salt into export markets.
Salpak highlights FY06/07
Another solid performance with sales growth outstripping the market further strengthening its market leadership position.
The Saxa brand continues to lead the growing gourmet segment through the rock, flaky and grinder formats.