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$13.23 bellamy's australia limited

Ann: Half Yearly Report and Accounts, page-41

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white88

569 Posts.

19/02/16

09:58

Post #: 17061729
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Originally posted by Good investments ↑

Very excellent results.

In summary
1H16 delivered a record result across all key metrics
Very strong growth across all financial metrics
Further strengthened balance sheet
Interim dividend
of 4.1 cents per share
Solid position from which to deliver continued growth over 2H16 and beyond
Continue to see strong growing demand for Bellamy’s products

Flow on benefit of domestic price increases

Global supply
chain initiatives support continued
Australian and Asian demand
growth
Improved margins enable reinvestment in strategic growth initiatives ensuring the
company has the best resources to leverage as it grows
Based on current trading trends and current known and planned supply
arrangements, FY16 forecast group revenue is expected to be in the range of $240 million to
$260 million, with EBIT margin expected to be broadly in line with
the first half.

They still hiding the effect of ebit from the 20% infant formula price increase in Dec 15. Makes sense, they dont want consumer to smash them as they are already making too much money already + price increase!
Well the profit will show on 2h16.
GLTA guys.

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i agree good investments. a very strong result .will buy today

BAL Price at posting: $13.92 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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