BUZZ-Australia's Maggie Beer jumps on uptick in 1H sales, flags rising costs

Reuters
02-05
BUZZ-Australia's Maggie Beer jumps on uptick in 1H sales, flags rising costs

** Shares of premium foods business Maggie Beer Holdings MBH.AX rise 5% to A$0.063

** Co says it expects 1H25 total sales from cont ops to rise between 5.5% and 6%

** Flags rising costs of doing business; will simplify its operations and administration in 2H25

** Says it expects trading EBITDA from cont ops to decline between 7% and 8% in 1H25

** MBH up 8.6% this year, including day's move

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))

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