Blackmores Limited
(ASX:BKL) expects its profit to grow about 50 per cent in the first half of the 2015 financial year.
The prior corresponding period saw a net profit of $12.1 million, suggesting Blackmores is set to report an interim result of $18 million.
The health products developer has attributed the guidance to what it describes as pleasing sales growth over the period.
The company’s group sales rose 22 per cent to $206 million in the six months to the end of December 2014.
Blackmores expects to deliver its first half results on February 26 when the audit process has been finalised.
Blackmores reported a net profit of $25.42 million in the 2014 financial year.
