Bega Cheese Boosts Dividend Despite Challenging Conditions
Bega Cheese Boosts Dividend Despite Challenging Conditions
Bega Cheese (ASX:BGA) has increased its dividend for the year ending June, following a rise in sales, profits, and a reduction in debt. This positive outcome comes despite the ongoing challenges faced by many companies over the past year.
Bega Cheese(ASX:BGA)在截至六月的一年中,由於銷售額、利潤增長和債務減少,提高了股息。儘管過去一年許多公司面臨的挑戰持續存在,這一積極的結果仍然出現。
The company's board has set the full-year dividend at 8 cents per share, up from 7.5 cents. The final dividend is 4 cents per share, a 33% increase from the previous year's 3 cents.
公司董事會將全年股息設定爲每股8分,比上年的7.5分增加。最終股息爲每股4分,比上年的3分增加33%。
Although Bega previously lowered its interim dividend for 2023-24, the board has demonstrated confidence in the company's performance by raising the total payout to shareholders for the year.
雖然Bega此前降低了2023-24年的中期股息,但董事會通過提高今年向股東支付的總股息,表明對公司業績的信心。
Despite weak consumer demand, inflation, and other challenges, Bega successfully increased its revenue and earnings in 2023-24. The company anticipates a similar performance in the upcoming financial year.
儘管消費者需求疲軟、通貨膨脹和其他挑戰存在,Bega在2023-24年成功增加了收入和盈利。公司預計在即將到來的財年中將實現類似的表現。
The positive tone of the report led to a significant increase in Bega's share price, jumping over 7% to a daily high of $4.57. While this is just below the 52-week high of $4.60, it remains well short of the all-time high of $6.47 reached in March 2021.
報告的積極態度導致Bega的股價大幅上漲,一度飆升7%以上,達到每日最高價4.57美元。儘管這略低於52周高點4.60美元,但遠遠低於2021年3月創下的歷史最高點6.47美元。
Revenue for the year to June increased by 4% to over $3.5 billion, and EBITDA rose by 15% to just over $165 million.
截至六月的一年內,營業收入增長了4%,達到超過35億美元,EBITDA增長了15%,達到略高於1.65億美元。
The company's bulk dairy business incurred an $18 million statutory loss, a significant decline from the $38 million profit recorded the previous year. Bega attributed this loss to the disconnect between global dairy market prices and Australian farmgate prices.
該公司的乳製品批發業務遭受了1800萬美元的法定虧損,較上年的3800萬美元利潤大幅下降。Bega將此損失歸因於全球乳品市場價格與澳大利亞農田價格之間的脫節。
A notable achievement was the reduction of debt by $41 million to just over $162 million.
一個值得注意的成就是將債務減少了4100萬美元,僅略高於1.62億美元。
Looking ahead, Bega Cheese expects continued growth in its Branded segment and an improved performance from the Bulk segment in FY2025. The company forecasts a substantial increase in EBITDA to between $190 and $200 million for 2024-25, representing a growth rate of 15% to 21%.
展望未來,Bega Cheese預計其品牌業務板塊將繼續增長,並且批發業務板塊的業績將得到改善。公司預測2024-25年EBITDA將大幅增加至1.9億至2億元之間,增長率爲15%至21%。