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BRIEF-United Malt Expects FY21 Underlying NPAT About A$36 Mln-A$41 Mln

reuters.com · 09/01/2021 02:22
BRIEF-United Malt Expects FY21 Underlying NPAT About A$36 Mln-A$41 Mln

- United Malt Group Ltd UMLGF:

  • FY21 TRADING UPDATE & EARNINGS GUIDANCE

  • FY21 UNDERLYING EBITDA EXPECTED TO BE A$129-134 MILLION

  • FY21 UNDERLYING NPAT EXPECTED TO BE ABOUT A$36-41 MILLION

  • IN N. AMERICA, CONTINUES TO BE WELL PLACED TO LEVERAGE REOPENING OF VENUES FOR INCREASED ON-PREMISE BEER CONSUMPTION

  • EXPECTS MALT VOLUMES FOR FULL YEAR TO REACH ABOUT 95% OF PRE COVID-19 LEVELS

  • SEEING CONSISTENT ORDERING AND IMPROVEMENTS IN SALES MIX, WITH GREATER DEMAND FOR SPECIALTY MALTS IN NORTH AMERICA

Source text for Eikon: ID:nASX7zg3MS

Further company coverage: UMLGF


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