
10 Dec 2024
Zambeef - FY24 results: a tougher year
Zambeef delivered revenue, EBITDA and PBT (both rpt. and adj.) in-line with expectations, having reduced forecasts substantially after the April profit warning. It has been a tough year for Zambeef after a promising start which ended abruptly following the onset of the worst drought since records began. We have increased our EPS (Dil. Adj.) FY25E forecast to US3.03c from US1.72c to reflect a lower net debt forecast and a lower-than-expected tax charge. We introduce a new EPS (Dil. Adj.) forecast ....

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Zambeef - FY24 results: a tougher year
Zambeef Products PLC (ZAM:LON) | 4.0 0 (-2.5%) | Mkt Cap: 15.8m
- Published:
10 Dec 2024 -
Author:
Nigel Parson | Milo Bussell -
Pages:
9 -
Zambeef delivered revenue, EBITDA and PBT (both rpt. and adj.) in-line with expectations, having reduced forecasts substantially after the April profit warning. It has been a tough year for Zambeef after a promising start which ended abruptly following the onset of the worst drought since records began. We have increased our EPS (Dil. Adj.) FY25E forecast to US3.03c from US1.72c to reflect a lower net debt forecast and a lower-than-expected tax charge. We introduce a new EPS (Dil. Adj.) forecast ....