INFANTS’ SUPPLIES – AUSTRALIA

Investors in the pink as Baby Bunting shares surge up

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Original article by Sue Mitchell
The Australian Financial Review – Page: 27 & 38 : 15-Oct-15

Shares in Baby Bunting Group reached an intra-day high of $A2.02 on 14 October 2015, with the stock ending its first day of trading at $A1.86. The retailer’s shares were issued at $A1.40 apiece in a $A52m IPO which received strong support from investors. Baby Bunting expects sales to rise by 21 per cent to $A218.5m in 2015-16, while it aims to aggressively expand its network of stores over the next five years.

CORPORATES
BABY BUNTING GROUP LIMITED – ASX BBN, TDM ASSET MANAGEMENT PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, MORGANS FINANCIAL LIMITED, BABYCO, MOTHERCARE AUSTRALIA LIMITED, KATHMANDU HOLDINGS LIMITED – ASX KMD, COLES GROUP LIMITED, SHELL COMPANY OF AUSTRALIA LIMITED

Baby Bunting plans growth spurt to double in size after ASX float

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Original article by Patrick Hatch
The Australian Financial Review – Page: 15 : 23-Sep-15

Infant supplies retailer Baby Bunting currently has 33 stores, but the group is planning an aggressive expansion following its proposed $A52m IPO. Shares will be offered at $A1.40 apiece, with proceeds of the float to be used to reduce Baby Bunting’s debt. CEO Matt Spencer forecasts that pre-tax earnings will top $A16.3m in 2015-16, with sales of $A218.6 million. The baby goods market is estimated to be worth $A2.3bn.

CORPORATES
BABY BUNTING PTY LTD