Latest Consumer Staples News

Noumi has secured court approval to put Arrovest’s proposed takeover and option cancellation schemes to shareholders and optionholders. The next significant disclosure is the scheme booklet, including the independent expert’s report.

OMG Group has reported its first positive quarterly EBITDA, with preliminary Q1 FY27 net sales rising 59% to approximately $1.92 million. The result marks a potential inflection point for the health and wellness food company, although the figures remain unaudited and do not establish cash profitability.

Nutritional Growth Solutions has completed its acquisition of Sprout Organic, installing founder Selasi Berdie as CEO and reshaping the group around infant, toddler and children’s nutrition. The deal lifts shares on issue to 964 million, while management targets A$870,000 in annualised savings.

Delegat Group delivered record operating earnings and cash flow in FY26, but reported profit fell after a NZ$8.7 million impairment and other fair-value adjustments. The NZX-listed wine company is forecasting higher case sales and operating NPAT of NZ$62 million to NZ$66 million for FY27.

Bubs Australia has secured permanent US FDA authorisation for three infant formula products, removing a regulatory barrier in the company’s largest market. The approval supports possible portfolio expansion and contract manufacturing, but the presentation contains no new earnings guidance or quantified financial benefit.

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.

OMG Group Limited is offering eligible shareholders in Australia and New Zealand a chance to buy up to $30,000 of new shares at a 5.4% discount through a Share Purchase Plan following a recent $1.5 million placement.

Bega Cheese Limited has confirmed a fully franked ordinary dividend of 7.5 cents per share for the half-year ending June 2026, payable on 1 October, with a Dividend Reinvestment Plan priced at AUD 6.13 per share and no discount.

OMG Group posted a 48% revenue increase to $6.13 million in FY26, achieving its highest-ever gross margin of 41% while expanding distribution into New Zealand and Southeast Asia.

Nuchev Limited grew revenue by 12% in FY26, driven by domestic expansion, yet saw margins contract and adjusted EBITDA losses deepen to A$4.6 million. The company’s FY27 focus shifts to margin improvement, operating leverage, and cash conversion.

The Calmer Co. has pushed back the closing date of its $3.5 million renounceable entitlement offer to give shareholders more time to participate, including those overseas.

Treasury Wine Estates (ASX:TWE) plans a substantial $558.4 million post-tax non-cash charge on US assets as it takes decisive steps to right-size its supply chain. Despite this, FY26 earnings before material items beat expectations, with FY27 guidance maintained.