Kerry Series the CEO of Eight Investment Partners says that Yowie’s (ASX:YOW) ability to break into the US market has been impressive and being stocked in Walmart has “proven the product’s validity.” However, Series believes that this is just the “beginning of the story” for Yowie. At the moment “they can produce 20,000,000 units per annum but the key point about it is that it can scale up that production relatively quickly. We could be talking about 100’s of millions of chocolate eggs. The statistics I’ve been given on Kinder Surprise (the established player in the market) is that they sell something like 1.5BN eggs a year, and they’re not in the US market.” Watch the exclusive interview here:
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