Infant formula and goat milk company Bubs Australia maintained strong growth in the 2020 financial year despite the Covid-19 pandemic disrupting supply chains in Australia and China. Bubs CEO Kristy Carr said: “Thanks to the foundations laid by the Company over the last two years, Bubs has enjoyed a year of solid revenue trajectory across…
Goat milk and infant formula manufacturer Bubs Australia is to buy a factory in China to launch a Chinese focused ‘Created by Bubs’ range of goat milk products. The company said it would buy a factory owned by its Chinese distributor, Beingmate in Beihai China and seek a State Administration for Market Regulation (SAMR) brand…
Infant and goats milk formula producer Bubs Australia has added a Vita Bubs range of infant vitamins to its infants and children’s product range. The company, which has experienced fast growth of its formula exported to the China market, also announced full year turnover to June 30 of $62 million, up 34 per cent on…
Infant and goat milk group Bubs Australia is powering ahead with its plans to penetrate the China market, boosting revenues by 37 per cent on the previous year to $28.8 million in the December half. The company was focused on market development in the period, penetrating new distribution channels in China, entering the Vietnam market…
Fast-growing infant formula exporter Bubs Australia (ASX: BUB) surprised the market with an announcement that it was raising $35 million from existing investors at a big discount to the current share price. The company, which has been moving at high velocity this year expanding into the Chinese infant formula market and expanding its sales of…
Fast-growing infant formula exporter Bubs Australia (ASX: BUB) has recorded greater sales in the final quarter of the year than it did in the whole of 2018. The producer of formula, organic baby food, and goat dairy products announced sales of $18.46 million in the quarter and $51.3 million for the full year. Bubs CEO…
Goat’s milk infant formula and organic baby food producer Bubs Australia (ASX: BUB) has announced a partnership with Chinese retailer Kidswant as part of its joint venture with Beingmate established in May 2019. A ceremony to mark Bubs Organic products’ debut in 275 Kidswant stores in 123 Chinese cities was held in Nanjing to formalise…
Shares on organic baby food and infant powder producer Bubs Australia (ASX: BUB) leapt 12 per cent on Monday to a record $1.45 on news of a new supply agreement with NZ dairy producer, Fonterra. The company announced it will be the first company to offer Australian made certified organic grass-fed infant formula, with Fonterra…
Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB) has entered into a four year partnership with the Chemist Warehouse retail group. The partnership will see Bubs products sold in Australia and New Zealand through 450 pharmacies, with the retailer progressively taking a strategic shareholding in the group, and aiding…
Listed goat’s milk infant formula and organic baby food producer, Bubs Australia (ASX: BUB), has partnered with a leading Chinese baby nutrition company to penetrate the Chinese market. Bubs announced it had signed a memorandum of understanding with Beingmate China, one of the country’s largest infant and maternal nutrition companies. The company said: “Under the…
