Patties shares plunge after berry recall

Shares in Patties Foods have taken a hit after the company recalled several frozen berry products due to a hepatitis A scare.

Shares in Patties Food have plunged due to the company's recall of frozen berry products linked to a hepatitis A outbreak.

Five people, three in Victoria and two in NSW, have contracted hepatitis A after eating Nanna's frozen mixed berries.

Its manufacturer, Victoria-based Patties, has recalled its 1kg packs of Nanna's Frozen Mixed Berries and 300g and 500g packs of Creative Gourmet Mixed Berries.

All products are sold nationally in Coles, Woolworths, IGA supermarkets and independent stores.

Patties shares have dived as a result, closing 10.5 cents, or 7.66 per cent, lower at $1.265 despite modest gains across the broader market.

Chief executive Steven Chaur said quality control tests have so far not found any contamination, but further testing was being conducted and the recall was made to ensure public safety and confidence.

"We have moved quickly to recall all our frozen Mixed Berries until such time as we receive the results of further laboratory tests," he said on Monday.

State and national health authorities are also investigating.

Mr Chaur said it was too early to say if the recalls would have any financial impact on Patties.

"This aspect of the recalls is also being monitored and the market will be informed promptly and without delay if there are any material developments," he said.

Hepatitis A is spread when traces of faecal matter containing the virus come in contact with hands, water or food and then enter a person's mouth.


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Source: AAP


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