Dec 19 (Reuters) - Bega Cheese Ltd BGA.AX :
* UPDATES ON OVERALL BUSINESS PERFORMANCE AND ACQUISITION OF KOROIT
* SEES OVERALL MILK INTAKE IN FY2019 WILL BE BETWEEN 1.0-1.1 BILLION LITRES OF MILK COMPARED TO A TOTAL INTAKE OF 750 MILLION LITRES IN FY2018.
* OUTLOOK FOR BEGA CHEESE'S FINANCIAL PERFORMANCE IN FY2019 IS EXPECTED TO BE IMPACTED BY COMPETITIVE PRESSURE
* SEES NORMALISED EBITDA IN RANGE OF $123 TO $130 MILLION FOR FY2019
* INCREASED DEPRECIATION CHARGES ON KOROIT INFRASTRUCTURE HAVE BEEN REFLECTED IN FORECAST NORMALISED PROFIT AFTER TAX
* CURRENT FORECASTS INDICATE A NORMALISED PROFIT AFTER TAX RANGE OF $44 AND $48 MILLION.
* OVERALL REDUCTION IN AUSTRALIAN MILK SUPPLY POOL HAS CREATED SIGNIFICANT COMPETITIVE FARM GATE MILK PRICING PRESSURE