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Company News
What’s on the menu for fast food investors?
Australian retail investors have been prevented from taking a decent bite out of the fast food sector to date, which is a pity given its proven resilient qualities. Market leader McDonald’s is listed in the US, but not here, while Red Rooster and Hungry Jack’s are privately owned. KFC’s ownership is more complex. According to […]
Oliver’s Real Food signs long-term agreement with EG Group to supply healthy products to convenience outlets nationwide
Certified organic fast food chain Oliver’s Real Food (ASX: OLI) will stock its branded food products in Australian petrol and convenience outlets owned by British retailer EG Group as part of an exclusive 10-year supply and intellectual property licence agreement. Under the terms of the agreement, EG will pay Oliver’s a once-off, upfront fee of […]
Oliver’s Real Food posts first profitable quarter since listing
Australian certified organic fast-food chain Oliver’s Real Food (ASX: OLI) has posted its first profitable quarter since changing management teams and launching a restructure after joining the ASX in June 2017. The company this morning announced an earnings before interest, tax, depreciation and amortisation figure for July 2019 “in excess of $200,000”. With the first […]
Oliver’s Real Food looks to turn things around under new management
Embattled healthy fast foods chain Oliver’s Real Food (ASX: OLI) could be starting to see the light, today revealing an improved earnings guidance after spending the last few months tackling its poor trading situation. The company’s stock had been on the decline over the past year then tanked at the end of January upon revealing […]