Blackmores’ Half-Year Result 25 Feb 20: Higher costs and Coronavirus weigh on Blackmores (BKL) first half results.

Vitamin maker Blackmores (BKL) has reported a 46% fall in first half profit to $18.2 million; revenue for the same period fell 5% to $303 million. Earlier this month, the 12th of Feb, BKL lowered its profit forecast and said it would not pay an interim dividend, rather the cash will be ‘conserved’ to reinvest in the business. The result was in line with the recently revised earnings guidance. 

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