Moa approaching break-even in second-half

Mon, 12 Nov 2018

By Gavin Evans Nov. 13 (BusinessDesk) - Brewer Moa Group is expecting to be close to break-even in the six months through March on the back of strong recent sales growth and a seasonal lift in volumes during the summer. The company says the underlying growth rate for Moa brands was more than 20 percent in the six months through September and the company also expects to report an “improvement” in earnings for the period - in other words, that the loss won't be so bad. Executive chair Geoff Ross said the firm’s core strategies are in pla...

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