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

May 12 (Reuters) - Maggie Beer Holdings Ltd (MBH) :

• 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