Pete Findlay

Our total cost base here is probably about 10%.

Not at this stage.

Not at this stage.

So we're passing a large chunk of it on to consumers, but we are actually absorbing some of it at this stage.

But we'll just have to see how long the crisis goes for.

And so we're sort of evaluating that every month.

We do calculations on that every month to assess the cost.

So our first thing is getting supply materials.

So I think that's the key thing.

How do you make sure that we've got packaging, cleaning materials, we've got components to run our sites and that our farmers are getting the right materials that they need?

Are they able to get to fertiliser?

Because that will impact their output.

So I think the first thing is how do we make sure that our supply chain stands up so that we actually get product?

So that's what we're really focusing on.

And then secondly, I think if it keeps going, costs will stay elevated.

And then companies like ours will probably look to try and claw back more costs than what we potentially have today because we just won't be able to absorb that.

So there'll be pressure there.

And then I think...

what probably happens is it starts to then spread across the other parts of the economy as we see.

So it won't just be food and it won't just be our manufacturing costs that are going up that then impact food costs.