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Maggie Beer Holdings Ltd. ( (AU:MBH) ) has shared an announcement.
Maggie Beer Holdings Ltd reported a 5.8% increase in revenue to $54.5 million for the half-year ending December 2024, but faced an 82% drop in profit from continuing operations, resulting in a $4.4 million loss. The company settled a legal dispute with Hampers and Gifts Australia for $2 million and classified Paris Creek Farm as an asset held for sale, indicating strategic shifts to optimize business value.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd operates in the food and beverage industry, focusing on premium products. The company is known for its gourmet foods, including hampers and gifts, with a market focus on high-quality, artisanal offerings.
YTD Price Performance: -1.67%
Average Trading Volume: 256,099
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$20.9M
See more insights into MBH stock on TipRanks’ Stock Analysis page.
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