Operating profit comes back from record at AACO

Gregor Heard
May 15 2024 - 1:00pm
AACO is confident its branded beef focus will pay dividends. Picture AACo.
AACO is confident its branded beef focus will pay dividends. Picture AACo.

In spite of increased revenue, AACO has posted a net loss after tax of $94.6 million for the 2024 financial year after a $4.6 million profit last financial year.

Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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