Youfoodz on track to meet forecasts as B2C sales soar
Sue MitchellColumnist
Recently floated ready-made meals maker Youfoodz expects to make a profit this year for the first time in years after a surge in revenues fuelled in part by the coronavirus.
The Brisbane-based company, which floated in December, reaffirmed full-year prospectus forecasts after gross revenues rose 26.8 per cent to $50.6 million in the December quarter, lifting December-half revenues by 16.5 per cent to $100 million.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
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