Bellamy's Australia Limited Reports Unaudited Consolidated Earnings Results for the Half Year Ended December 31, 2017; Provides Earnings Guidance for the Full Year 2018
For the company's core business, fiscal year 2018 revenue is expected to achieve between 30-35% growth on fiscal year 2017 revenue (fiscal year 2017: AUD 240 million). Fiscal year 2018 EBITDA is expected to be 20-23% of revenue. The financial performance of Camperdown is expected to improve on the first half of 2018 EBITDA loss of AUD 1.4 million and the company maintain outlook of a AUD 1-2 million EBITDA loss for the full fiscal year 2018 year.