Key Highlights of TGG’s Annual Meeting

  • Jun 24, 2020 NZST
  • Team Kalkine
Key Highlights of TGG’s Annual Meeting

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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