Maggie Beer (ASX:MBH) reported a financial turnaround for the half-year ended Dec. 31, 2025, underpinned by rigorous fiscal discipline and structural reforms.
The company achieved a net profit after tax of $398,000 from continued operations, marking a robust 68% increase compared to the previous corresponding period.
The recovery was bolstered by $2.2 million in operational savings during the half, contributing to a total of $3.4 million in cost reductions over the past 12 months.
The Maggie Beer Products division remains a primary growth engine, recording a 4.6% increase in sales.
The performance was driven by a strategic re-focusing on key national sales channels and exceptional growth in specific categories, including cheeses (up 12.7%) and stocks (up 10.7%).
The iconic Verjuice saw a 52.5% sales surge, largely fuelled by a burgeoning export market where brand equity remains strong.
The group maintains a solid position with $15.5 million in available liquidity, including $11.5 million in cash and no debt.
While the Hampers & Gifts Australia segment faced a challenging trading environment and sector-wide discounting—resulting in an EBITDA of $3.1 million compared to $4.9 million previously—it remains profitable.
MBH Chair Mark Lindh attributed the overall success to board renewal and a successful shareholder-supported placement.
Looking ahead, the company is prioritising gross margin improvements and further export expansion to sustain this momentum into the second half of the year.
At the time of reporting, Maggie Beer's share price was $0.081.