Bellamy's Australia Limited Reports Earnings Results for the Half Year Ended December 31, 2016; Provides Earnings Guidance for the Second Half and Full Year 2017
The company provided second half of 2017 guidance of revenue between AUD 105 million to AUD 120 million and EBIT margin of between 8% and 10%. Normalised EBIT margin is expected to range between AUD 11 million and AUD 15 million (10% and 13%). Net Profit after Tax for second half and full year 2017 is expected to range between 4% and 6% of revenue.
For the year 2017, revenue is expected to be between AUD 220 million to AUD 240 million with an EBIT margin of between 8% and 10%.