(Reuters) – Australia-listed Mexican-themed fast-food chain Guzman y Gomez 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 ($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 provided before it debuted on the Australian stock exchange in June last year.
($1 = 1.5637 Australian dollars)
(Reporting by Sameer Manekar in Bengaluru; Editing by Alan Barona)
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