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Pin to quick picksEast Imperial Media (EISB)

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Anthony Burt, CEO of East Imperial, reveals his single-biggest hope for 2024

East Imperial (LON:EISB), the New Zealand-based producer and supplier of super-premium mixers into some of the world’s biggest drinks markets, has endured a difficult FY23 as demand for its products softened across Asia-Pacific with a subsequent squeeze on working capital.

However, founder and CEO, Tony Burt explains how the measures already taken will enable the company to hit its target of cashflow break-even in FY24 and how non-dilutive finance options, currently being explored, could breathe new life into the share price.

In this interview with focusIR, investors will learn:

- Why the company is committed to maintaining its London listing

- Why the company prefers non-dilutive finance options to increase working capital

- What the key focus areas are for sales, following recent successes

- What ongoing efforts are being made to improve the business, including packaging, labelling, and the exploration of production-to-order

- How new senior hires will contribute to the ambitious plans for FY24 and beyond

- Why the company’s margin improvement program will help achieve cashflow break-even by the end of the year

- Where he sees the greatest revenue growth opportunities

Tony concludes the interview, saying that he’s “excited about some of the accounts we’re winning [in the US], the level of the accounts we’re winning there, and the story that we’re telling there about being really the only super-premium option available in [a market]... which is becoming increasingly commoditised by a couple of major players… and I just think that that opportunity is going to continue to grow.”

Reasons to add EISB to your Watchlist:

- Strong management team

- Difficult FY23 overcome with recovery strategy gaining traction

- Significant costs removed leading to expanding operating margins

- Increasing sales momentum across APC & USA

- New accounts with significant brands/organisations

- Cashflow Break-even expected this FY24

Anthony Burt, Founder and CEO of East Imperial, Thomas Warner, Financial Reporter at focusIR.

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East Imperial: Global Account Wins in 2024

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