Freedom Foods Group Limited provides net sales guidance for the fiscal year 2018. Based on a preliminary unaudited review, the company estimates net sales for fiscal year 2018 to be approximately $353 million, an increase of $91 million or 35% on the prior financial year. Although the 35% increase in sales in fiscal year 2018 puts the company slightly below its upgraded net sales revenue target of $360 to $380 million, the company is very pleased with the result having regard to the positive trends outlined in this announcement. Major capital expenditure projects including the upgrade to the Shepparton UHT operation, Nutritionals, Yoghurt and UHT bottle capabilities are generally on plan. New product revenue streams from these major capital expenditure projects are expected to materially impact net sales revenues in fiscal year 2020. Based on the current portfolio, product range and new contracts for key customers coming on stream in the first half of fiscal year 2019, the company expects net sales revenue in fiscal year 2019 to be in the range of $500 to $530 million.