Bellamy’s (BAL) result recognised significant items relating to inventory provisions and restructuring costs which totalled $8.6 million in the first half (1H). As a result, earnings before interest and tax (EBIT) fell to $10.1million from $19.5million in the previous corresponding period and net profit after tax (NPAT) fell from $13.7... Show More
Pioneering milk business, The a2 Milk Company (ASX:A2M), performed well during the quarter despite being down 14.3% for the month of December on the back of concerns around the current predicament of its listed peer, Bellamy’s Australia (ASX:BAL) (-45.7% for the month of December). BAL issued a profit warning in... Show More
Bellamy’s Australia shares dropped as much as 40% after resuming trade following a month-long suspension. CEO Laura McBain has been replaced by Andrew Cohen, and the company has cut its FY17 earnings guidance For more market updates, visit https://www.commsec.com.au/market-news/the-markets.html Show More
CommSec Advisory’s Blair Hannon speaks with Tom Piotrowski about the upcoming trading update from Bellamy’s Australia and the US Federal Reserve rates decision For more market insights, visit https://www.commsec.com.au/market-news/the-markets.html Show More
Tom Piotrowski speaks with Bellamy’s Australia (BAL) CEO & Managing Director, Laura McBain about the company’s strong full year results, revenue growth in China and its manufacturing agreement with Fonterra To view more Executive Series interviews, visit: https://www.commsec.com.au/market-news/executive-series.html Show More
Lendlease (LLC) posted FY NPAT of $698.2m up 13%, helped by higher residential settlements and pre-sales boosted by high demand for residential and commercial properties in South Eastern Australia: Medibank Private (MPL) has posted a slightly above consensus 46.4% lift in FY earnings to $417.6m: Insurance Australia Group (IAG) posted... Show More
CommSec’s Tom Piotrowski speaks with Bellamy’s Australia (BAL) CEO & Managing Director, Laura McBain about the company’s half year results and its plans for growth in China and South East Asia To view more Executive Series interviews, visit: https://www.commsec.com.au/market-news/executive-series.html Show More
Tasmanian based infant formula and organic food company, Bellamy’s Australia (BAL) posted a 325.3% lift in half year profit to $13.7 million. Revenue, underlying earnings and net profit were in-line with market expectations For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Recently listed infant formula company Bellamy’s Australia is getting an unwanted lesson in crisis management. Show More
Shares in companies selling product into the surging infant formula and supplements market in China have been on a rampage. It was only a few months ago that Blackmores' share price marched through the $100 mark. Yet late last week the same shares touched a staggering $200 in intraday trade.... Show More