Australian Dairy Nutritionals Bolsters Leadership

Australian Dairy Nutritionals Group (AU:AHF) has released an update.

Australian Dairy Nutritionals Group (AHF) has reported a net cash outflow of $1.19m for Q4 FY24 but maintains a solid cash position with $6.11m on hand after the Brucknell South Farm sale. The company has also made significant leadership changes, appointing Peter Nathan as Non-Executive Chairman and Mahinthan Sundaranathan as CEO, both bringing extensive experience to propel the company’s future growth. A strategic review is forthcoming, as AHF continues to capitalize on its position in the ‘Golden Triangle’ of Australia’s dairy industry.

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