AACo operating profit lifts 14 per cent to 58.4 million
Australian Agricultural Company Chief Executive David Harris says demand for Australian beef is “building” globally.
Australia’s oldest and biggest cattle producer, AACo, has had a strong year, notwithstanding the threat of US tariffs on Australian beef exports and the threat from the Greens to ban live cattle exports.
The company said on Thursday operating profit was $58.4 million, up 14 per cent, with revenue growing 15 per cent to almost $388 million.
