Mexican fast-food chain Guzman Y Gomez set for 2025 profit ahead of forecast
Feb 21 (Reuters) - Australia-listed Mexican-themed fast-food chain Guzman y Gomez (GYG.AX), opens new tab said on Friday its first-half earnings nearly doubled, putting it firmly on track to surpass its fiscal 2025 profit forecast provided before its listing less than a year ago.
Guzman y Gomez posted a post-tax profit of A$7.3 million, opens new tab ($4.67 million) for the six months ending December 31, nearly doubling what it logged last year and slightly ahead of the Visible Alpha consensus estimate of A$6.5 million.
That solidly positions the quick service restaurant chain to beat its forecast of A$6.0 million profit in fiscal 2025, opens new tab provided before it debuted on the Australian stock exchange in June last year.
($1 = 1.5637 Australian dollars)
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