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Pete Findlay

👤 Speaker
295 total appearances

Appearances Over Time

Podcast Appearances

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So I consume a bigger protein drink as I get up in the morning, which has got 30 grams, and then I have a pouch of bigger yogurt or Farmer's Union yogurt, which has got 16 grams.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

I'm a quarter of the way there before I get to work.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So...

ABC Business Daily
Pete Findlay on Bega’s cost crunch

And I've put about 300 calories into my system at the same time, which is pretty good macros.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So dairy, and we do a number of other products besides dairy, but dairy is actually a very natural product.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So

ABC Business Daily
Pete Findlay on Bega’s cost crunch

In yogurt, yes, it's processed, but it's processed through natural probiotics and fermentation, but it's still effectively milk at the end of the day.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

It's highly nutritious, both from a fat protein and calcium and all sorts of good stuff in it.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So we're actually finding that people are being more attracted to dairy.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

We're actually seeing that dairy is having a little bit of a renaissance, which we're very pleased about.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

Yeah, it was.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So what we did with our business, so Beagle was the accumulation of several acquisitions.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

And so what we wanted to do initially with our business was just sort of pare it back and focus on some key things.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

We wanted to try and lift productivity.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

We're very much of the thought that if you think you need to take cost out, it's too late.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So we wanted to really get on the front foot around cost and productivity.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So

ABC Business Daily
Pete Findlay on Bega’s cost crunch

We stripped it back to what we thought we were good at as a business, Alan, and that's running mainstream number one brands at a really good value and customer proposition.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

So we want to produce great quality product that meets or exceeds our customer needs every day.

ABC Business Daily
Pete Findlay on Bega’s cost crunch

And we want to do that at scale.