Shares at 2.5 year high on revenue growth, improved gross margins and operating efficiencies.

The Auckland-based company posts a loss of $32.8m (17.1 cents per share) in the 12 months ended March 31, from a loss of $420,000 (0.2 cents) a year earlier.

The company's property portfolio was revalued at $976.9m from $905.2m.

Traders are more upbeat about the Fed tapering off QE this year as the world's biggest economy shows signs of improvement.

Some best-selling supermarket meals and snacks contain more sugar than a can of Coca-Cola, despite being described as savoury and “natural”.

When shareholders give their approval it will be the 29th largest listed company.

Revenue from the Trilogy brand accounted for about 60% of the company's $26.6 million in sales for the year ended March 31.