Baby Bunting Turns A$10 million Profit, EBITDA Rises 24.1%

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Baby Bunting Turns A$10 million Profit, EBITDA Rises 24.1%

Baby Bunting Group (ASX:BBN) released its results of the financial year 2020 (ended 28 June 2020)-

  • Total sales of A$405.2 million recorded in FY20, up 11.8% on the pcp (ended 30 June 2019).
  • Pro forma EBITDA rose by 24.1% to A$33.7 million.
  • Statutory NPAT was down 14.3%, reported to be A$10.0 million.

Moreover, the company mentioned that it did not qualify for, or obtain, any JobKeeper support.

Baby Bunting declared a fully franked final dividend of 6.4 cents per share, indicating 10.5 cents dividend for the full year.

On 14 August 2020, BBN stock was trading at A$4.060 up by 7.979% at AEST 12:12 PM.

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