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Nov 21 2022, 07:25 GMT
BellRing reported FY22 results after close on November 17th. Q4 revenue growth of 11.5% was supported by ongoing significant pricing across both Premier Protein and Dymatize brands – this was partly offset by negative volume impacts relating to production shortfalls at bottling co-mans and effects from flavour discontinuations. Dairy protein costs have moderated but remain “significantly” elevated. The FY23 outlook is broadly in line with consensus, with some modest upside to adjusted EBITDA.
Nov 21 2022, 07:25 GMT