Read detailed company information including dividend distribution, dividend amount and payment history. This page was last edited on 2 December 2020, at 10:35. Of course, the future is what really matters. Established in 1899, the Company has earned a reputation as a key player in the dairy industry on a global scale, supplying natural and processed cheese into the retail and food service markets both in Australia and overseas. Peter Findlay is Chief Financial Officer at Bega Cheese's Ltd. See Peter Findlay's compensation, career history, education, & memberships. The area rapidly became an important source of food for the fledgling colonies at Botany Bay and Van Diemans Land (Tasmania). However, it also sells other products under the same brand name. S���m-\l�-W��#U����Xq)?��'�fd`������1�}�y,�� ��)V ��� � ��0� 1960 – commissioned manufacturing facility for processing and packaging raw milk at Fyshwick, ACT, 1997 – cheese processing and packaging facility was built at Ridge Street, Bega, 1997 – joint venture established (now known as. Settle in on the banks of the Bega River, Kisses Lagoon or Glebe Park, there are picnic tables under the shade of she oaks, poplars and weeping willows. %PDF-1.5 %���� 1850s – dairying started in the Bega Valley. [2] The "Bega" branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. In Autumn the spectacular show of colour makes you want to kick up your heels in the leaves. Bega Cheese Limited engages in receiving, processing, manufacturing, and distributing dairy and other food-related products in Australia. h�bbd```b``��+@$�N�q��&��u5�d9fǀ�f`RL*�I �iW@$�2������{@l�(0y,� "�'��[8���n`` �?#�� �e View the latest Bega Cheese Ltd. (BGA) stock price, news, historical charts, analyst ratings and financial information from WSJ. Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and … Bega specialises in the supply of cheddar cheese and processed cheddar cheese into the retail and food service markets both in Australia and internationally. Bega Cheese celebrated one hundred years as a dairy co-operative, 1899 to 1999. View today’s BGA share price, options, bonds, hybrids and warrants. Bega is now well known for its cheese. Bega Cheese's original factory was opened in Bega in 1900. Bega Cheese executive chairman Barry Irvin says the positive reaction to his company's latest venture is a true added bonus to a home-grown success story. 255 0 obj <> endobj ASX:BGA Income Statement May 2nd 2020. Good selection of Bega Cheese is Australia’s number one cheese manufacturing brand. Staff were friendly. It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. The original site at Lagoon Street still operates today producing cheddar and mozzarella cheese and whey powders. February 2017 – sale of infant formula canning plant in Derrimut, Victoria and one spray milk powder dryer in Tatura, Victoria to US pediatric nutrition company Mead Johnson. Bega is now well known for its cheese that is manufactured by the Bega Co-operative Society, one of the larger Australian cheese companies. Bega Cheese was originally founded as a dairy cooperative in 1899. Bega Cheese is manufactured by The Bega Co-operative Society Limited which is one of the larger Australian cheese companies. Bega Cheese Limited (BGA) Dividends. Two years later, in 1882, the Municipality of Bega was created. It is currently one of the largest companies in the dairy sector in Australia, with a FY2018 base milk supply of approxi… As food companies and manufacturers enter into Industry Revolution 4.0, a new wave of demands in technological advancements are becoming commonplace as production lines are increasingly optimized. [7], In 2019 the company won a legal dispute with Kraft Heinz over the packaging of their peanut butter.[8]. Trading in Bega Cheese shares were suspended on Monday ahead of what is expected to be a massive capital raising to fund the purchase of dairy brands being sold by Japanese brewer, Kirin. Bega Cheese has bought Lion Dairy and Drinks in a $534 million deal that will see it become the new owner of brands such as Farmers Union, Yoplait … ‘Bega Cheese’ is exported around the world and distributed across Australia and is available in most supermarkets and general stores. Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. Following the listing, Bega Cheese acquired the final 30% of Tatura Milk, which then became a wholly owned subsidiary of Bega Cheese. The Branded segment manufactures bulk ingredients into value added consumer products for … Strategy is about making choices and weakness are the areas where a firm can improve using SWOT analysis and build on its competitive advantage and strategic positioning. In 1997 Bega Cheese built a cheese processing and packaging facility at Ridge Street, Bega, value adding cheese for both the Australian and International market. March 2009 – acquired the cheese manufacturing facility of Kraft Foods at Strathmerton in Victoria. %%EOF Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. The cafe serves light lunches, cakes, coffee, fudge and ice cream and is the most popular destination for visitors. We believe using more recent dividend history can provide better dividend analysis for a company. The Centre was built in 1993 and is a faithful reproduction of the original ‘creamery’ building constructed in 1899. 1900 – Bega Cheese's original factory was opened. Scones were light and fluffy, milkshake was thick and creamy and coffee was great. Our collection has been built from donations or purchasing collections from local farms. Bega Cheese Limited has a long and uniquely Australian history that all started with humble beginnings in dairy. Bega Cheese Heritage Centre, Bega: See 373 reviews, articles, and 183 photos of Bega Cheese Heritage Centre, ranked No.2 on Tripadvisor among 14 attractions in Bega. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. BGA's most recent final dividend payment was made to shareholders of record on Wednesday, October 7. The company operates in two segments, Branded and Bulk. The museum showcases the history of dairying in the Bega Valley since the early 1900’s. The interior of the shop is rustic and has lots of souvenirs for sale as well as a visitor information centre and upstairs is a mini museum of the history of the Bega Cheese Factory and a little craft shop that is run by volunteers and products are made by locals. 277 0 obj <>/Filter/FlateDecode/ID[<7EF25E0FD769A84A9A070787D6FBC739>]/Index[255 45]/Info 254 0 R/Length 109/Prev 155238/Root 256 0 R/Size 300/Type/XRef/W[1 3 1]>>stream [1][4][5], Their other major business segments include bulk "core dairy ingredients" such as cheese, cream cheese and powdered milk (making up approximately 35% of their revenue) and "nutritional products" produced under the Bega Bionutrients brand (such as lactoferrin and milk protein concentrate),[6] which make up around 9% of their revenue. Just under a third of Bega Cheese's revenue (as of 2019) was from exports. Bega Cheese Limited (BGA.AX) pays an annual dividend of A$0.10 per share, with a dividend yield of ∞. In 2020, the company raised significant funds to purchase Kirin's suite of dairy products, including Dairy Farmers and Pura milk. Maximum dividend is 5.5 cents while minimum dividend is 3 cents. These include the King Island range of premium cheeses. Based on our analysis, from 2010, Bega Cheese Limited pays dividend 18 times. 0 Weakness of Bega Cheese Limited – Internal Strategic Factors . [1] It is currently one of the largest companies in the dairy sector in Australia, with a FY2018 base milk supply of approximately 750 million litres. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. Founded as an agricultural cooperative in the town of Bega, New South Wales by their dairy suppliers, it became a public company in 2011 when it listed on the Australian Securities Exchange. [2] The cheese products are exported to 40 countries around the world and distributed across Australia where they are available in most supermarkets and general stores. July 2018 – purchase of Koroit milk drying and butter processing facility in Western Victoria from Saputo. Colonisation and white settlement of the Shire occurred in the early nineteenth century and was originally focussed on the Twofold Bay (Eden) and Bega areas. August 2011 – listed on the Australia Securities Exchange (ASX). February 2019 – closure of the Coburg cheese manufacturing facility. … Devonshire tea was delicious. Craft shop full to the brim of locally made crafts and souvenirs. 2001 2001 In April 2001, the marketing function in Australia for the Bega brand was franchised to Bonland Dairies Ltd. a joint venture between Bonlac and the New Zealand Dairy Board. Key Personnel We outline the Bega Cheese Limited’s key personnel by position type and title. Really enjoyed looking around the cheese history museum (free entry). The Heritage Centre offers visitors the chance to try our world famous cheese and to learn about the history of dairying and Bega Cheese in the Bega Valley. October 2008 – purchased the assets and operations of De Cicco Industries in the Melbourne suburb of. Weakness are the areas where Bega Cheese Limited can improve upon. It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. Bega Cheese Limited (BGA.AX) pays out 101.01% of its earnings out as a dividend. endstream endobj startxref In the late 1890s the Bega Dairy Co-operative Limited was established. The display of early pieces of dairy memorabilia give a glimpse into the way the dairy industry not only established itself as a major industry in the area but also a way of life then and now for so many of our residents. Listed in ASX Top 200 Companies, Bega Cheese has been making history since its establishment in 1899. endstream endobj 256 0 obj <. "Bega Cheese goes from sleepy dairy co-op to $1b business", "Our story – Bega Bionutrients | Lactoferrin Supplier", "Bega Cheese helps put dinner on the table", "Bega beats US food giant Kraft in peanut butter packaging battle", https://campaignbrief.com/bega-launches-the-purple-hive-project-to-protect-australian-bees-via-thinkerbell/, https://www.abc.net.au/news/rural/2020-11-26/bega-cheese-to-buy-lion-dairy-from-japanese-kirin/12910480, https://en.wikipedia.org/w/index.php?title=Bega_Cheese&oldid=991893983, Food and drink companies established in 1899, Companies listed on the Australian Securities Exchange, Use Australian English from November 2017, All Wikipedia articles written in Australian English, Creative Commons Attribution-ShareAlike License. Bega Cheese is a leading Australian dairy and food company producing cheese, infant formula, nutritional powders, Vegemite, peanut butter and salad dressings. Average dividend is 4.58 cents. Bega is a public listed company, owned by multiple shareholders. A high-level overview of Bega Cheese Limited’s registered business details, a company synopsis, history and background, as well as Bega Cheese Limited’s main brands and products. At the Centre you can sample and purchase a selection of Bega Cheese. For instance, Bega Cheese is renowned for its cheese and cheese products. [2], Over half of Bega Cheese's revenue (as of 2019) comes from their spreads, dairy consumer packaged goods and other grocery products, with their flagship "Bega" brand holding 15.7% of the Australian retail cheese market. The agreement was going well until Bega Cheese announced in 2017 that it would buy a suite of Kraft products from Mondelez international, which it started replacing with the Bega brand. Find out more at Intelligent Investor [2], In September 2017, It was announced that Bega Cheese would be the sponsor for Mumbulla Foundation 2017 gala dinner. The Bega Dairy Cooperative Limited was set up in the late 1890s. Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. Total dividend is 82.5 cents. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. h�b```���b�@��(���1�9&�hv _A�x����@IZ�AGNv��5�+:�Wk�� �1pt@�DGkD��bP77��(�b ��!���Ռ+װ����p0?b>�|�� 1899 – the Bega Co-operative Creamery Company was established by local farmers. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. January 2017 – acquired the Australian meals business from multinational food conglomerate. April 2007 – acquired a 70% shareholding in Tatura Milk Industries Limited (Tatura Milk). It's therefore worth looking at Bega Cheese's earnings history, below. Bega Cheese Heritage Centre: Enjoying history - See 372 traveller reviews, 183 candid photos, and great deals for Bega, Australia, at Tripadvisor. Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and nutritionals. March 2014 – commissioned a life stage nutritional canning and blending plant in Derrimut, Victoria. In July 2017, Bega expanded its portfolio to include some of Australia’s most loved brands and products: Vegemite, ZoOSh and of course, Bega Peanut Butter. [3] Bega Cheese's other major consumer and foodservice packaged goods brands are "Vegemite", "Farmers Table", "Zoosh", "Picky Picky", "Tatura" and "Dairymont". 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