Guzman y Gomez Ltd. (AU:GYG) has released an update.
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Guzman y Gomez Ltd. reported a pro forma net profit after tax of $5.7 million, outperforming prospectus forecasts by 71.2% and marking a 94.1% increase from the previous year, despite a statutory loss after tax of $13.7 million for FY24. Network sales surged by 26.4% to $959.7 million, driven by robust growth in Australia and expansion efforts, with overall revenue up 32.1% to $342.2 million. The company’s founder credited strong sales growth, margin expansion, and efficient operations for the impressive financial performance.
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