Australia's Retail Food slips as co swings to annual loss

Retail Food

20/08/2025 01:59

** Shares of Retail Food Group RFG.AX fall 13% to A$1.80, set for their worst day since March 2020, if losses hold

** Earlier in the session, shares of the food and beverages company hit their lowest level since April 7

** Co swings to an annual loss attributable of A$14.9 million ($9.61 million), from profit of A$5.7 million last year

** Says profit impacted by non-cash impairments on Brumby's Bakery and corporate store division

** Stock down ~33% this year, including the day's move

($1 = 1.5506 Australian dollars)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))