Ausnutria post higher profit

Date: 18.08.2021Source: Ausnutria

The turnover of Ausnutria increased in the first half of 2021 by 10.7% to €557.9m compared to the same period last year. Net profit rose by 3.4% to €77.6m. Operating profit EBITDA came to €107.2m, an improvement of 2.2% compared to the first half of 2020.

Sales of Ausnutria’s own-brand infant formula grew by 10% in the first six months of 2021. In particular, the company saw a recovery in sales growth in the second quarter of goat milk-based infant formula, which Ausnutria sells under the Kabrita brand.

Roland Sossna / IDM

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