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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Ravensdown posts loss but in 'excellent health'

The company is in good stead to weather "the chilly winds of the diary downturn and other bumps on the agricultural highway"

Chris Hutching
Fri, 28 Aug 2015

Farmer co-operative Ravensdown has posted a loss of $11 million for the year ended June 2015 but directors say it is in excellent shape.

In recent years the company’s turnover has been higher at more than $1 billion but debt levels were also much higher at close to 40%.

This year’s lower turnover

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Chris Hutching
Fri, 28 Aug 2015
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Ravensdown posts loss but in 'excellent health'
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