Bega Cheese (ASX:BGA) has reported its statutory profit after tax rose about 31 per cent to $21 million for the half year to December 2017.
Sales revenue increased by 14 per cent on the same time last year to $705 million.
Its earnings (EBITDA) increased by 46 per cent to $52 million dollars.
The company declared an interim dividend of 5.5 cents per share.
Bega says it’s currently in a transition phase of the newly created Bega Foods and has increased investment in Vegemite and Zoosh brands.
Shares in Bega Cheese (ASX:BGA) are trading 2.59 per cent lower to $7.14