The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Dairy, health and wellness product producer Keytone Dairy (KTD) has expanded its footprint into Malaysia and established new distribution channels in Australia
  • The company’s Tonik Plant products have been stocked at 20 Village Grocer outlets in Malaysia
  • In Australia, Keytone products will soon be ranged by Caltex/Ampol, United Petroleum and Freedom Fuels nationally
  • In the last two weeks, Tonik Plant and Pro products have also hit shelves in over 400 Coles and Coles Local stores
  • CEO Danny Rotman said the company will continue to pursue its growth strategy and expects sales will gather momentum over the next 12 months
  • Shares have been trading flat at 21.5 cents

Dairy, health and wellness product producer Keytone Dairy (KTD) has expanded its footprint into Malaysia and established new distribution channels in Australia.

The company’s Tonik Plant product have been stocked at 20 Village Grocer outlets in Malaysia.

In Australia, Keytone products will soon be ranged by Caltex/Ampol, United Petroleum, and Freedom Fuels nationally.

On The Run has also confirmed its intension to stock Super Cubes and Gran’s Fudge at its petrol and convenience stores in South Australia.

In the last two weeks, Tonik Plant and Pro products have also hit shelves in over 400 Coles and Coles Local stores.

CEO Danny Rotman said the company expects sales will gather momentum over the next next year.

“The cut through and critical mass across multiple distribution channels, including grocery, independent grocery, petrol and convenience and gym channels is being achieved and the company expects sales to continue to gather momentum and scale over the next 12-plus months,” the CEO stated.

“A tremendous amount has been achieved in a small period of time for the proprietary product suite and the company will continue to build out our range of branded products, working with key retailers, distributors and growing our footprint both in local markets and internationally,” he continued.

Shares have been trading flat for 21.5 cents at 3:43 pm AEDT.

KTD by the numbers
More From The Market Online

Woolworths posts 2.8% rise in 3rd quarter sales but drop in Big W sales reveals wary wallets

Woolworths Group Ltd has posted a modest rise of 2.8 percent in overall sales for the…

Endeavour Group slides as Woolworths sells 5% stake – but says nothing funny going on

Supermarket giant Woolworths (ASX:WOW) has confirmed it will sell off a stake in Endeavour (ASX:EDV), but…

Star Entertainment appoints new chair to navigate turbulent times

The Star Entertainment Group has appointed Ms Anne Ward as Chairman of the Board as the…

Cettire turbulent on $191M revenue, but no word on customs scandal

Cettire shares spiked upwards right out the gate on Friday on the same day the company…