Australia's Maggie Beer jumps on uptick in 1H sales, flags rising costs

Maggie Beer Holdings

04/02/2025 23:35

** Shares of premium foods business Maggie Beer Holdings
 MBH.AX  rise 5% to A$0.063
    ** Co says it expects 1H25 total sales from cont ops to rise
between 5.5% and 6%
    ** Flags rising costs of doing business; will simplify its
operations and administration in 2H25
    ** Says it expects trading EBITDA from cont ops to decline
between 7% and 8% in 1H25
    ** MBH up 8.6% this year, including day's move

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com;))