T&G Global Limited (NZX:TGG) conducted its 99th Annual Meeting virtually because of the travel restrictions due to COVID-19. Key highlights of the meeting are given below:
- In 2019, operating profit increased by 6% to $16.5 million despite various one-off costs;
- Key performance drivers were strong sales and margin improvement in key markets and a premium position in the US for Envy with sales growth of 43%;
- These drivers were impacted by adverse NZ weather impacting apple volumes and sizes.
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