Freedom Foods Group Limited
(ASX:FNP) has announced its net sales grew 129% in the six months to 31 December 2016, compared to the prior corresponding period.
The food company also reported a 78% increase in operating net profit, compared to the prior corresponding period (PCP).
Its underlying operating EBDITA also rose over 70% (72% from the PCP) to $13 million.
The group attributes its strong six month results to organic international sales growth, new product lines, boosted dairy sales and innovation.
As a result Freedom Foods says it is well placed to build on its key food and beverage platforms in Australia, China, South East Asia and North America.