10 weeks to go for FY16! Demand looking food. NPAT $38-40mill here we come!
As CEO Laura McBain says, “…the guidance provided last night by the Ministry of Finance in China reconfirms that it’s business as usual for Bellamy’s in the ecommerce channel.”
Given the tailwinds of a rapidly rising Chinese middle class, demand for high quality Australian products, and the announcement of a two-child policy to replace the one-child policy in China, recent volatility may look like a small speed bump in the long term.
http://www.********.au/2016/04/14/why-chinas-new-rules-are-good-news-for-blackmores-and-bellamys/
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- Business as usual - $38mill NPAT here we come!
Business as usual - $38mill NPAT here we come!
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