Beston Global Food Company Ltd

Location: Adelaide, South Australia, Australia

ASX Code: BFC

Overview

Beston Global Food Company Ltd (BFC) is an Australian food company that has established a significant presence in the dairy industry. Based in Adelaide, South Australia, BFC is engaged in the production and marketing of high-quality dairy products, including cheese, whey powder, and milk.

Financial Indicators

Beston Global Food Company Ltd has consistently shown growth in its financial performance. Most recently, the company reported:

• Revenue: AUD 120 million (FY 2022)
• Net Profit: AUD 12 million (FY 2022)
• Market Capitalization: Approximately AUD 180 million as of 2023

Important Company Events

One of the most significant recent events for BFC has been the receipt of a non-binding offer from the Japanese dairy giant Megmilk Snow Brand Co Ltd. This potential acquisition highlights the strategic value of BFC's dairy assets and signals strong interest from international markets.

Other notable events include:

• 2019: Expansion of the Lactoferrin plant in Jervois, South Australia, to boost production capacity.
• 2021: Winning multiple awards at the Dairy Industry Association of Australia (DIAA) awards, including gold medals for their cheese products.

Facilities and Locations

BFC operates several state-of-the-art facilities, including:

• Jervois Dairy Facility: Located in Jervois, South Australia, focusing on lactoferrin and mozzarella production.
• Murray Bridge Dairy Facility: Located in Murray Bridge, South Australia, specializing in processing milk and cheese production.

Management

BFC's management team consists of experienced professionals, including:

• Executive Chairman: Dr. Roger Sexton
• Chief Executive Officer: Mr. Fabrizio Jorge
• Chief Financial Officer: Mr. Richard Betts

Company Plans

Beston Global Food Company Ltd is focused on several key initiatives to drive future growth:

• Negotiating and potentially finalizing the offer from Megmilk Snow Brand Co Ltd.
• Expanding their product range, particularly in the high-demand lactoferrin market.
• Investing in sustainable dairy farming practices to improve environmental outcomes.
• Enhancing their presence in both domestic and international markets.

The strategic direction and recent developments for BFC indicate a strong potential for growth and increased prominence in the global dairy industry.

Sources:

• Beston Global Food Company Ltd Annual Report 2022
• Recent media releases from Beston Global Food Company Ltd (2023)
• ASX market data

Modified: 2025/04/21

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