Yowie Group posts quarterly sales record

Company News

by Jessica Ellerm


Yowie Group Limited (ASX:YOW) has announced Q1 of fiscal year 2017 has seen the business deliver its strongest quarterly sales performance since launch.

Net sales reached a new company record of US$4.9 million, an increase of 104 percent on the prior corresponding period.

Production volumes doubled versus the same quarter last year, with 2.8 million units produced.

The company has also launched its largest brand building investment to date, with $1.2 million being invested into pre-Halloween and Christmas marketing campaigns.

Yowie Group Limited posted a net loss of $9.96 million at 30 June 2016.
 

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?