MBH maggie beer holdings ltd

Ann: 1H FY22 Results Investor Presentation, page-8

  1. 1,021 Posts.
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    With all the growth initiatives they have coming online in this half, I think your element will definitely be there, they just didn't want to put a figure on that because it's new business. I think the $100m sales aspiration will be comfortably exceeded. Also, I wouldn't characterise margins as being under pressure from that result today. Margins rose substantially. Whilst they did acknowledge Covid 19 pricing pressure, they also said they could easily compensate by raising prices and further refining costs and there is the likelihood that some of that pressure will abate as supply chains normalise.
 
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