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Bega Cheese Ltd (ASX: BGA) is one of Australia’s largest dairy businesses and has been producing dairy products since 1900. These days it usually sells more than 1 million packs of cheese a day across a variety of brands. Its brands include Bega, Vegemite, ZoOSh and Dairymont. It also owns Tatura, a producer of infant formula and cream cheese.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.05% at lunch.
The Bega Cheese (ASX:BGA) share price is down 11% in early trading after the dairy business gave a trading update.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up by 0.56% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
The Bega Cheese Ltd (ASX: BGA) share price was trading 5.95% higher today. Over the past month, shares of Bega Cheese Ltd have pushed 18% higher.
Bega Cheese Ltd (ASX:BGA) reported its result for FY19 this week, is the Bega share price too good to ignore?
The Bega Cheese Ltd (ASX:BGA) share price could come under pressure today as it downgraded its profit expectations for FY19.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.90% on Thursday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.20% at lunch.