Brief: Blackmores HY Net Profit Attributable Rises 4.2%

Blackmores

23/02/2022 23:34

Feb 24 (Reuters) - Blackmores Ltd  BKL.AX :
    * DECLARES INTERIM DIVIDEND OF 63 AU CENTS PER ORDINARY
SHARE
    * HY REVENUE FROM ORDINARY ACTIVITIES UP 14.3% TO A$346
MILLION
    * HY NET PROFIT ATTRIBUTABLE UP 4.2% TO A$20.3 MILLION
    * EXPECT SECOND HALF SALES IN CHINA TO GROW COMPARED TO
PRIOR
CORRESPONDING PERIOD BUT WILL BE BELOW 1H22 SALES
    * ON TRACK TO DELIVER ANNUALISED GROSS SAVINGS OF A$40-A$42M
BY
END OF FY22
    * ON TRACK TO ACHIEVE TARGET OF A$55 MILLION ANNUALISED
GROSS
SAVINGS BY END OF FY23
    * TOTAL GROUP A&P INVESTMENTS WILL BE A$10-A$15 MILLION
HIGHER IN
SECOND HALF
    * EXPECT SECOND HALF SALES IN CHINA TO GROW VERSUS PCP BUT
WILL BE
BELOW 1H22 SALES
    * UNABLE TO PROVIDE PROFIT GUIDANCE AT THIS STAGE FOR
REMAINDER OF
FY22

Source text for Eikon:  ID:nASX1R8QGQ 
Further company coverage:  BKL.AX 

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