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In this latest instalment of Bell Direct’s From the Helm series, Grady sits down with Chief Executive Officer at Bega Cheese (ASX:BGA), Pete Findlay. Bega Cheese (ASX: BGA) shares have been on an impressive run this year, with a rise of 50% YTD and up 72% over the past year. Key drivers of this growth include an increase in domestic milk production and strong pricing for Skimmed Milk Powder (SMP). This has provided significant tailwinds for the historic Aussie brand.

In this video Pete discusses:

• (0:42) : The drivers of the Bega Cheese share price rally in 2024
• (2:20) : how SMP pricing increase provides tailwind for Bega
• (3:41) : what Bega did to strengthen its balance sheet in FY24
• (6:38) : benefits to Bega from Lion Dairy acquisition
• (8:11) : why Bega increased dividends paid in FY24
• (8:57) : how China’s sluggish recovery is impacting Bega
• (9:52) : outlook for remainder of FY25 and FY26.

Note: This interview was filmed on 20th November 2024.