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Blackmores Limited

( ASX:BKL ) - Household & Personal Products

News

Blackmores Confirms Tough Medicine For Shareholders

Shares in vitamin maker Blackmores fell 7% at one stage yesterday after the company reported a 14.3% fall in net profit for the first nine months of 2018-19, a not unexpected outcome given the weak half-year performance, early departure of the CEO and continuing problems with softening demand from its largest market, China.

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Blackmores Boss Steps Aside

A week after surprising the market with news of a weak performance in its key Chinese markets and a loss in earnings momentum, Blackmores provided a second shock yesterday with news that its newish CEO had quit after just 18 months in the gig.

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Analyst Views