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Maggie Beer Holdings Moves to Slash Costs Despite Sales Growth
9:48am on Wednesday 5th of February, 2025 AEDT
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Food & Beverage
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Maggie Beer Holdings Moves to Slash Costs Despite Sales Growth
9:48am on Wednesday 5th of February, 2025 AEDT
Key Points
Sales up 5.5%–6% in first half of FY25
Trading EBITDA down 7%–8% despite sales growth
Board-led strategic review targets high operating costs
Restructuring includes senior executive cuts and divisional heads
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Maggie Beer (ASX:MBH)
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