WCB flags earnings growth

Cheese factory eyes better market conditions, still spurns Bega takeover offer.

Warrnambool Cheese and Butter Factory Company Holdings (WCB) has forecast a lift in earnings for fiscal 2014 after market conditions improved.

In a statement to the Australian Securities Exchange, WCB said it expects fiscal 2014 EBITDA between $47 million and $52 million.

This would be higher than EBITDA of $25.5 million posted in fiscal 2013.


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