AVI

Group revenue rose 1.1% y/y, with Entyce up 8.1% and I&J up 3.9%, while Snackworks fell 1.0%, and Fashion brands declined -6.9%. Entyce’s growth was driven by price increases to offset input cost pressures. Fashion brands struggled due to supply chain issues and weaker December sales. Gross profit margins improved due to cost control, better manufacturing efficiency, and price increases. HEPS is expected to rise between 8% and 10% to 404.2–411.7 cents per share. Results due: 10 March
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