Turning around the Tegel train
When it was taken over in 2018, the chicken producer was doing badly - and then it got worse.
Cleaning up Tegel has taken time, says CEO Egbert Segers.
If investors thought chicken producer Tegel was a bad performer as a listed company, they should spare a thought for its new owner.
Since buying Tegel for $432.6 million in 2018, family-owned Filipino company Bounty Holdings has seen it deliver nothing but losses.
The latest result was no different.
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