My Food Bag returns to growth in FY25 trading update

My Food Bag Group (NZX:MFB) has announced a return to growth following a period of stable performance. Preliminary unaudited revenue for FY25 matched FY24 at NZD162.1 million. H2 revenue reached NZD79.9 million, reflecting a 5.0% increase when normalized for trading weeks and a 1.9% increase on a half-on-half basis. The company reaffirmed its full-year earnings guidance, expecting results broadly in line with the prior year. My Food Bag highlighted strategic initiatives, including the launch of My Food Bag's Shop and its partnership with Diabetes New Zealand. The company will release its audited FY25 results in May, with a results presentation available on the NZX platform and My Food Bag's investor website.