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BRIEF-Bellamy's Australia says 2H17 revenue is expected to be about $121 million

Published 17/07/2017, 02:41 pm
© Reuters.  BRIEF-Bellamy's Australia says 2H17 revenue is expected to be about $121 million
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July 17 (Reuters) - Bellamy's Australia Ltd BAL.AX

* Revenue is expected to be approximately $121 million for 2h17 resulting in full year revenue for fy17 of approximately a$239 million

* Company expects its securities to resume trading on ASX at market open on thursday, 20 july 2017

* 2H17 ebit is expected to be at the upper end of guidance between ($9.5) - ($14.0) million

* To ensure compliance with corporations act, co lodged supplementary prospectus with ASX and Australian securities and investments commission

* Co has been cashflow positive since March, reflecting increased sales and was net cash positive as at 30 june 2017 Source text for Eikon: ID:nASX4hdvNm Further company coverage: BAL.AX

(bangalore.newsroom@thomsonreuters.com)

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