Bega Cheese (ASX:BGA) reported Thursday that its earnings per diluted share in the fiscal first half rose to AU$0.098, from earnings of AU$0.087 per diluted share a year earlier.
Analysts polled by Visible Alpha were expecting an EPS of AU$0.086.
Revenue for the six months of Dec. 31, 2024, was AU$1.78 billion, up 3% from AU$1.73 billion in the same period last year. Analysts surveyed by Visible Alpha expected AU$1.85 billion.
For the fiscal year, the dairy and food company reaffirmed its earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance to be at the upper end of AU$190 million to AU$200 million.
Bega Cheese also said it expects the challenging consumer environment to continue in the second half but said it was on track to achieve its fiscal year 2028 EBITDA target of over AU$250 million.
The board declared an interim dividend of AU$0.06 per share, up from the AU$0.040 in the previous reported period, payable on April 3 to shareholders on record as of Feb. 26.
Price (AUD): $5.88, Change: $-0.090, Percent Change: -1.51%
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