Bourbon raised its consolidated earnings forecast for the fiscal year ending March 2027. Resilient first-half biscuit sales and productivity gains from equipment upgrades were cited as factors driving cost reductions.
On 30 October, Bourbon announced an upward revision to its consolidated earnings forecast for the fiscal year ending March 2027. The company identified the factors behind the revision despite the ongoing surge in raw-material prices.
It explained that resilient biscuit sales in the first half drove revenue growth, while equipment upgrades improved productivity and advanced cost reductions.