Peet (ASX:PPC) reported Thursday fiscal first-half diluted earnings of AU$0.0538 per share, up from AU$0.0328 per share a year earlier.

Revenue for the six months ended Dec. 31, 2024, was AU$174.2 million, up from AU$147.7 million a year earlier. Analysts polled by FactSet expected AU$170.4 million.

The company is targeting fiscal 2025 net profit after tax of AU$50 million to AU$55 million.

The board declared a dividend of AU$0.0275, up from the previously reported period's AU$0.015, payable on April 11 to shareholders of record as of March 20.

The company's shares were up past 1% in recent Thursday trade.