Halo Foods announcement today:

Halo foods has renewed its contract for manufacture and supply of its milk powder with NZ grocer “Foodstuff”.

The contract is over two years and valued at NZ$9.4m

The previous contract was valued at NZ$7.1m; so we should see around $1.15m in additional revenue this year.

2510498.pdf

Halo Food Co. CEO, Danny Rotman, stated “This material contract renewal with Foodstuffs, a leading major grocer in New Zealand, highlights the exemplary credentials of Halo’s New Zealand business. Halo has consistently delivered to the highest standard over the initial two-year term and has successfully renewed the Agreement for a further two-year term. Halo will continue to service Foodstuffs with a view to strengthening the partnership between the two companies through further private label and branded product opportunities.”—HLF ASX Announcement, 14 APRIL 2022