What’s old is new again is how some of this year’s new arrivals can be viewed. Kraft Heinz is back (#30) after not appearing in 2020 due to its restructuring at the end of 2018 impacting its reporting period.
Arnott’s curiously looks like it hasn’t been on the list before, but that is because it created a new corporate entity with only a year of financials so couldn’t be compared to the previous year. So, while not comparing, the company’s revenue to August 2020 ($801 million) was $200 million less than its reported revenue to July 2019 ($1.04 billion). It is #32 on this year’s list, down three spots from 2020.
Some of the new entrants this year was the result of reviewing and tightening the criteria. So grocery companies Oriental Merchant and Bright Food Group came onto the list at #45 and #34 respectively.
We also saw two seafood businesses come onto the list – Safcol at #97 and Petuna at #100.
Pork processor SunPork also joined the Top 100 at #81. It operates a pig breeding, production, and wholesaling arm as well as retail brands SunPork, Seven Mile, and Three Aussie Farmers. It also owns Swickers pig slaughtering and pork processing abattoir in Kingaroy, Queensland.
Their revenue has fallen a bit and the new corporate entity has only one year of financials. We cannot compare them to the previous entity (about $200m revenue has gone missing), so they will appear to be a new entrant with no 2019 financials
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