Brief: Maggie Beer Now Expects FY22 Trading EBITDA Of A$9.25 Mln-A$10.5 Mln

Maggie Beer Holdings

12/05/2022 24:47

May 12 (Reuters) - Maggie Beer Holdings Ltd  MBH.AX :
    * FY22 TRADING UPDATE
    * TRADING EBITDA NOW EXPECTED TO BE IN RANGE OF A$9.25
MILLION -
A$10.5 MILLION FOR FY22
    * GROUP NET SALES INCREASED BY 13.1% FOR FY22 YTD APRIL
    * PRICE INCREASES IMPLEMENTED ACROSS E-COMMERCE, RETAIL
GROCERY TO
OFFSET COST INCREASES; FULL BENEFITS TO BE REALISED IN FY23
    * GROUP IS ON TRACK TO ACHIEVE ITS NET SALES REVENUE
GUIDANCE WITH
NET SALES OF A$95 MILLION - A$100 MILLION
    * INTENTION TO DECLARE FIRST DIVIDEND OR CAPITAL RETURN WITH
FY
RESULTS OF NO LESS THAN 1 AU CENT/SHARE
    * COMPLETED STRATEGIC REVIEW OF DAIRY ASSETS AND CONSIDERS
TWO
BUSINESS UNITS TO BE NON-CORE
    * EXPLORING ALL OPTIONS IN RELATION TO NON-CORE ASSETS

Source text for Eikon:  ID:nASX3xpLx8 
Further company coverage:  MBH.AX 

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