Bubs Australia Releases Its Investor Presentation; Reports +37% growth in 1H FY2020

  • Feb 04, 2020 AEDT
  • Team Kalkine

Bubs Australia Limited (ASX: BUB) has released its Investor Presentation where it reports an increase in gross revenue by more than 37% during 1H FY2020 ended 31 December 2019 with Bubs® Goat Infant Formula being the key driver of the result.

  • Stronger forecasted demand for infant formula is anticipated in 2HFY2020 across all distribution Channels.
  • New markets & new product launches scheduled to build on current foundations to drive incremental revenue streams.

At AEDT 1:20 PM, BUB shares are trading at $0.705, down 2.759% from its previous close.

 

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