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BLT BLIS Technologies News Story

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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.)

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