The latest announcement is out from Noumi Limited ( (AU:NOU) ).
Noumi Limited reported a 0.9% increase in revenue to $299.3 million for the first half of FY25, driven by strong sales in its Plant-based Milks segment, which achieved record adjusted operating EBITDA. Despite a net loss after tax of $82.1 million, largely due to non-cash adjustments and impairments, the company demonstrated improved operational performance with a 19% rise in adjusted operating EBITDA. The company remains focused on sustainable growth and addressing legacy issues to enhance future profitability.
More about Noumi Limited
Noumi Limited is a leading Australian producer specializing in plant-based and dairy milks, nutritional products, and ingredients. The company focuses on expanding its market presence through diversified channels, particularly in the retail sector, and has seen significant growth in plant-based milk sales, both domestically and in export markets.
YTD Price Performance: -2.78%
Average Trading Volume: 63,987
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$48.49M
See more data about NOU stock on TipRanks’ Stock Analysis page.