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Own Blackmores (ASX:BKL) shares? Here's what to expect during reporting season


What is the market expecting from Blackmores in FY 2021?
According to a note out of Goldman Sachs, its analysts are expecting Blackmores to report a 1% increase in revenue in FY 2021 to $573.8 million. This is expected to be driven by double digit sales growth in the China and International divisions, offsetting a 10% decline in ANZ sales to $292.9 million.
Positively, the broker is expecting Blackmores’ earnings growth to be much stronger. Goldman is forecasting earnings before interest and tax (EBIT) to come in 67.4% higher year on year at $52.5 million. Once again, weakness in the ANZ segment is expected to be offset by strong growth in its China and International divisions. ....

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Global Consumption of Natural Health Supplements will Surpass US$ 68 Bn Revenues during 2016-2024 – KSU


Global Consumption of Natural Health Supplements will Surpass US$ 68 Bn Revenues during 2016-2024
atulpmrJune 29, 2021
5
In various parts of the world, health supplements are included as a part of a diet that beholds higher nutritional value. The status of these health supplements also plays a key role in their sales. A majority of consumers will prefer that these nutritional ingredients get derived from natural or organic sources. Persistence Market Research’s recently published study explores the global market for natural health supplements, projecting how the demand for natural health supplements will shape up in the years to come. And, the crux forecast of Persistence Market Research’s report goes – “In 2016, global natural health supplements market was estimated to be valued at US$ 36,803.52 Mn; which is assessed to increase at a CAGR of 8.0% to reach US$ 68,140.05 Mn by the end of 2024.” ....

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