‘Bega Cheese’ is exported around the world and distributed across Australia and is available in most supermarkets and general stores. Bega Cheese Limited (BGA.AX) pays out 101.01% of its earnings out as a dividend. It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. Bega is now well known for its cheese that is manufactured by the Bega Co-operative Society, one of the larger Australian cheese companies. [7], In 2019 the company won a legal dispute with Kraft Heinz over the packaging of their peanut butter.[8]. Staff were friendly. In 2020, the company raised significant funds to purchase Kirin's suite of dairy products, including Dairy Farmers and Pura milk. In the late 1890s the Bega Dairy Co-operative Limited was established. Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and nutritionals. endstream endobj startxref It's therefore worth looking at Bega Cheese's earnings history, below. Bega Cheese Limited (BGA) Dividends. Maximum dividend is 5.5 cents while minimum dividend is 3 cents. View the latest Bega Cheese Ltd. (BGA) stock price, news, historical charts, analyst ratings and financial information from WSJ. 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. Bega Cheese is manufactured by The Bega Co-operative Society Limited which is one of the larger Australian cheese companies. October 2008 – purchased the assets and operations of De Cicco Industries in the Melbourne suburb of. Weakness of Bega Cheese Limited – Internal Strategic Factors . S���m-\l�-W��#U����Xq)?��'�fd`������1�}�y,�� ��)V ��� � ��0� Bega Cheese's original factory was opened in Bega in 1900. 1900 – Bega Cheese's original factory was opened. Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. Find out more at Intelligent Investor Our collection has been built from donations or purchasing collections from local farms. In Autumn the spectacular show of colour makes you want to kick up your heels in the leaves. %%EOF December 2017 – acquisition of Peanut Company of Australia in Kingaroy, Queensland. Bega Cheese was originally founded as a dairy cooperative in 1899. Really enjoyed looking around the cheese history museum (free entry). Scones were light and fluffy, milkshake was thick and creamy and coffee was great. [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. Bega specialises in the supply of cheddar cheese and processed cheddar cheese into the retail and food service markets both in Australia and internationally. [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. It is currently one of the largest companies in the dairy sector in Australia, with a FY2018 base milk supply of approxi… The cafe serves light lunches, cakes, coffee, fudge and ice cream and is the most popular destination for visitors. Bega Cheese Limited (BGA.AX) pays an annual dividend of A$0.10 per share, with a dividend yield of ∞. 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 … For instance, Bega Cheese is renowned for its cheese and cheese products. Peter Findlay is Chief Financial Officer at Bega Cheese's Ltd. See Peter Findlay's compensation, career history, education, & memberships. 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. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. [2], In September 2017, It was announced that Bega Cheese would be the sponsor for Mumbulla Foundation 2017 gala dinner. Bega Cheese is an Australian diversified food company with manufacturing sites in New South Wales, Queensland and Victoria. 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 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. Bega Cheese has a positive impact on the Australian economy, by contributing to over $100 million of exports sold annually. 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. Listed in ASX Top 200 Companies, Bega Cheese has been making history since its establishment in 1899. Total dividend is 82.5 cents. March 2014 – commissioned a life stage nutritional canning and blending plant in Derrimut, Victoria. Weakness are the areas where Bega Cheese Limited can improve upon. The museum showcases the history of dairying in the Bega Valley since the early 1900’s. 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. Bega Cheese Limited (BGA) is engaged in the processing, manufacturing and distribution of dairy and associated products to both Australian and international markets. This page was last edited on 2 December 2020, at 10:35. [2] The "Bega" branded Australia retail and foodservice cheese products are distributed by Fonterra under a long-term agreement. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. 1850s – dairying started in the Bega Valley. Of course, the future is what really matters. The Bega Dairy Cooperative Limited was set up in the late 1890s. February 2019 – closure of the Coburg cheese manufacturing facility. ASX:BGA Income Statement May 2nd 2020. Bega is a public listed company, owned by multiple shareholders. July 2018 – purchase of Koroit milk drying and butter processing facility in Western Victoria from Saputo. h�b```���b�@��(���1�9&�hv _A�x����@IZ�AGNv��5�+:�Wk�� �1pt@�DGkD��bP77��(�b ��!���Ռ+װ����p0?b>�|�� The Branded segment manufactures bulk ingredients into value added consumer products for … 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. The company operates in two segments, Branded and Bulk. January 2017 – acquired the Australian meals business from multinational food conglomerate. Bega Cheese is a leading Australian dairy and food company producing cheese, infant formula, nutritional powders, Vegemite, peanut butter and salad dressings. h�bbd```b``��+@$�N�q��&��u5�d9fǀ�f`RL*�I �iW@$�2������{@l�(0y,� "�'��[8���n`` �?#�� �e 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. 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. Devonshire tea was delicious. We believe using more recent dividend history can provide better dividend analysis for a company. 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. Based on our analysis, from 2010, Bega Cheese Limited pays dividend 18 times. Craft shop full to the brim of locally made crafts and souvenirs. Two years later, in 1882, the Municipality of Bega was created. 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. 1899 – the Bega Co-operative Creamery Company was established by local farmers. Following the listing, Bega Cheese acquired the final 30% of Tatura Milk, which then became a wholly owned subsidiary of Bega Cheese. Bega Cheese is Australia’s number one cheese manufacturing brand. View today’s BGA share price, options, bonds, hybrids and warrants. BGA's most recent final dividend payment was made to shareholders of record on Wednesday, October 7. 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. 0 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. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … [3] Bega Cheese's other major consumer and foodservice packaged goods brands are "Vegemite", "Farmers Table", "Zoosh", "Picky Picky", "Tatura" and "Dairymont". Read detailed company information including dividend distribution, dividend amount and payment history. 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. … Just under a third of Bega Cheese's revenue (as of 2019) was from exports. 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. 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. 299 0 obj <>stream It is currently one of the largest dairy producers in Australia with a value of around A$1.0 billion. [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. April 2007 – acquired a 70% shareholding in Tatura Milk Industries Limited (Tatura Milk). Bega Cheese celebrated one hundred years as a dairy co-operative, 1899 to 1999. %PDF-1.5 %���� These include the King Island range of premium cheeses. Average dividend is 4.58 cents. Bega Cheese Ltd. North Bega, 23-45 Ridge St Bega NSW 2550 P: +612.64917777 F: +612.64917700 Its products include natural cheese, processed cheese, powders and butter, packages cheese, cream cheese, powders and … Good selection of Bega Cheese Heritage Centre: Enjoying history - See 372 traveller reviews, 183 candid photos, and great deals for Bega, Australia, at Tripadvisor. The original site at Lagoon Street still operates today producing cheddar and mozzarella cheese and whey powders. March 2009 – acquired the cheese manufacturing facility of Kraft Foods at Strathmerton in Victoria. 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. Close to half of shares publicly traded are still held by Bega's farmer-suppliers. Bega Cheese Limited has a long and uniquely Australian history that all started with humble beginnings in dairy. The Centre was built in 1993 and is a faithful reproduction of the original ‘creamery’ building constructed in 1899. Key Personnel We outline the Bega Cheese Limited’s key personnel by position type and title. Bega is now well known for its cheese. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. However, it also sells other products under the same brand name. The area rapidly became an important source of food for the fledgling colonies at Botany Bay and Van Diemans Land (Tasmania). [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. August 2011 – listed on the Australia Securities Exchange (ASX). "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. 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. 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 Limited engages in receiving, processing, manufacturing, and distributing dairy and other food-related products in Australia. 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. At the Centre you can sample and purchase a selection of Bega Cheese. 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. endstream endobj 256 0 obj <. 255 0 obj <> endobj Original ‘creamery’ building constructed in 1899 Securities Exchange ( ASX ) 101.01 of... 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