Page 50 - Food & Drink Magazine Sep-Oct 2020

TOP 100
Food & Drink Business’ annual Australia’s Top 100 Food & Beverage Companies Report will be released in our upcoming November/ December issue.
Top 100 countdown
Treasury Wine Estates’ year has been a tough one, with demerger plans for its Penfolds brand on the table.
IN collaboration with market research firm IBISWorld, we gather all the latest company data to compile a ranking by revenue of Australia’s heaviest hitters in food and beverage.
The report, sponsored by Foodmach, lists companies according to their most recent financial reports in an easy-to- read format.
In 2019, the Top 100 generated more than $108 billion in revenue and employed more than 130,000 Australians.
Natural disasters and a global pandemic delivered unparalleled challenges
to the food and beverage manufacturing sector this year. Don’t miss our November/
For Coca-Cola Amatil, COVID-19 restrictions on people eating out had a big impact on beverage volumes.
December issue to see how these events affected top-ranked companies.
Last year, there was not much movement in the Top 10 from 2018, with Fonterra and JBS maintaining first and second spots. These two have had markedly different experiences this year, with Fonterra recording a profit for the first time in three years and JBS being heavily impacted by COVID-19.
Coca-Cola Amatil was #3 after selling fruit business SPC for $40 million, but this year has slashed costs and recorded a
35 per cent drop in underlying net profit as COVID-19 kept consumers at home.
Alcoholic beverage companies
have had a tough year, with pub, clubs and other venues largely closed for many months.
Lion (#4) also had to contend with a cyberattack just as restrictions were being lifted and the sale of its Dairy & Drinks business to China Mengniu Dairy Company falling through.
The sale of Carlton & United Breweries (#8) to Asahi was completed, which will impact the rankings this year as well.
Treasury Wine Estates (#5) has had a challenging year this year, starting with a massive profit downgrade for its US business in January and then COVID-19. It has proposed a separation of its Penfolds brand from TWE.
Meat processors like JBS, Teys (#6), Midfield Meat International (#37), Thomas Foods (#21) and Northern Co- operative Meat Company (#84) have had to factor in drought, the pandemic and increasing trade tensions with China.
Nestlé was #10 last year, but two other FMCG giants were hot on its heels – George Weston Foods at #11 and Goodman Fielder at #12.
The impact of COVID-19, with consumers spending more time at home, can not be understated for these companies.
Our Top 100 report is not to bemissed. ✷
✷ ADVERTISER LIST ADM Australia 19
AMSInstrumentation&Calibration 39 APG Workforce 43 Australasian Medical & Scientific 23 Cargill Australia Limited Cover CHR Hansen 21 GNT Group 17 GS1 Australia 11 Heat and Control 7 Hydro Innovations 41 Hydroflux Industrial 52 ITW Zip Pak 25 KHS Pacifi 2 Matthews Australasia 9 Maxum Foods 37 Paul Brady Building Group 31 Romer Labs 15 Roxset Australia 33 Testo 27 Treotham Automation 29
50 | Food&Drink business | September-October 2020 | www.foodanddrinkbusiness.com.au