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Pure Foods Tasmania Ltd. ( (AU:PFT) ) has shared an update.
Pure Foods Tasmania Ltd has expanded the distribution of its Tasmanian Pâté brand to approximately 700 Coles stores nationwide, up from 300. This expansion is expected to significantly boost the company’s revenue, with forecasted annualized sales of $500,000–$600,000, marking a 15% increase in sales compared to FY25. The move enhances the brand’s visibility and supports the company’s growth strategy, positioning it well for future opportunities.
More about Pure Foods Tasmania Ltd.
Pure Foods Tasmania Pty Ltd, established in 2015, focuses on enhancing and promoting Tasmania’s premium food and beverage businesses. The company develops new premium products, acquires complementary brands, and aims to increase market penetration globally. Its brands include Woodbridge Smokehouse, Tasmanian Pate, Daly Potato Co, and The Cashew Creamery.
YTD Price Performance: 19.05%
Average Trading Volume: 135,693
Technical Sentiment Signal: Sell
Current Market Cap: A$3.51M
For an in-depth examination of PFT stock, go to TipRanks’ Overview page.