New Zealand's BLIS Technologies Q1 revenue rises on ingredient sales growth
New Zealand's BLIS Technologies Q1 revenue rises on ingredient sales growth
Overview
New Zealand probiotic maker's Q1 revenue rose 42% yr/yr to NZ$5.1 mln
Q1 EBITDA swung to NZ$1.1 mln profit from NZ$0.2 mln loss last year
Company expects FY27 revenue growth of 10%-15%
Outlook
BLIS Technologies forecasts FY27 revenue growth of 10%-15%
Result Drivers
B2B SEGMENT GROWTH - Co said B2B revenue rose 67% yr/yr, driven by ingredient sales in Asia Pacific, Probi royalties, and private label sales into China
EUROPE WEAKNESS - Ingredient revenue in Europe was weaker, partially offsetting B2B gains
B2C MODEST GROWTH - Total B2C revenue was up 4% yr/yr
Company press release: ID:nNZS87ga
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue |
| NZ$5.10 mln |
|
Q1 EBITDA |
| NZ$1.10 mln |
|
Reuters Recommended Reads
Aug 17 - New Zealand's a2 Milk tumbles on weak earnings forecast, profit miss
Aug 19 - NZ's Fletcher Building warns on first-half earnings, swings to annual profit
Aug 17 - Vaccine maker Sinovac H1 revenue rises on overseas growth, approvals
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on BLIS Technologies
See all newsBrief: Blis Technologies Says Strong 1Q27 Supports Growth Outlook
New Zealand's BLIS Technologies Q1 revenue rises on ingredient sales growth
Brief: BLIS Technologies Posts Q1 EBITDA Of NZD 1.1 million
New Zealand's BLIS Technologies advances on upbeat annual results
Brief: BLIS Technologies Says Co Suffered Minimal Economic Loss From Uncertainty Surrounding Middle East