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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Forbar sees longer recovery time ahead for My Food Bag

Analysts lower profit expectations for next three financial years.

The plan to grow active customers – is showing early signs of progress, says CEO Mark Winter.

Forsyth Barr analysts have reduced their expectations for profit at My Food Bag over the next three financial years, saying they now expect a longer recovery in consumer demand conditions.

The listed food delivery company last week reported revenue for the six months ended September 30 of $83.8

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Hamish McNicol Mon, 27 Nov 2023
Contact the Writer: Hmcnicol@nbr.co.nz
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Forbar sees longer recovery time ahead for My Food Bag
Investment,
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