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MBH Maggie Beer Holdings News Story

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Consumer CyclicalsAdventurousMicro CapNeutral

Australia's Maggie Beer Holdings jumps most in a week on upbeat HY results

** Shares of Maggie Beer Holdings  MBH.AX  jump as much as
2.3% to A$0.220, their biggest intraday pct gain since Jan. 25
    ** The food and beverage firm says HY NPAT of cont ops was
A$7.2 mln ($5.08 mln), up by 10.3% on H1 FY22 
    ** Posts HY statutory EBITDA of A$9.9 mln vs A$8.5 mln
    ** Says trading EBITDA of A$5.6 mln was achieved for H1 FY23
vs A$9.9 mln at H1 FY22
    ** Adds net sales in Q2 FY23 increased by 4.3% vs Q2 FY22
    ** Stock fell 59.2% in 2022
($1 = 1.4180 Australian dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))

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