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An update from Maggie Beer Holdings Ltd. ( (AU:MBH) ) is now available.
Maggie Beer Holdings Ltd. reported a 5.8% increase in top-line growth for the first half of FY25, driven by strong momentum across its businesses. The company achieved a 6% growth in total group gross margin and saw significant improvements in product margins and conversion rates. Notably, there was a 10% increase in hamper sales volume, with all Christmas hampers sold out. The company is refining its cost base for the second half of the year, supported by a fresh board direction and simplified operating systems.
More about Maggie Beer Holdings Ltd.
Maggie Beer Holdings Ltd. operates in the food industry, focusing on premium food products and services. The company is known for its high-quality offerings, including gourmet foods and hampers, with a strong market presence in the premium segment.
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.