|Date:||Tue, 27 Feb 2001 16:43:58 +1300|
Ok first off i admit im biased, i have always been bullish
about Frucor and still am. The result yesterday was in line with most peoples
expectations. Sure they fell short of the prospectus, however they set themselves
a very high target, and have in my opinion performed very well.
The company continues to grow strongly, sure they have made a few mistakes
along the way, but nothing that cant be put right.
They have top class products, are growing rapidly in the nz and aussie
markets, and hopefully will have learnt some lessons in the uk.
Compared with many of the results of the last few weeks, frucor
hasn performed at all badly.
They still made a good profit, which is likely to grow strongly over
the next few years. How many companys in NZ can that be said about?