Pental Products: Did You Miss Pental Limited's (ASX:PTL) Recent Trading Update & Outlook?

SummaryFor the half year ending 27th December 2020, Pental Limited (ASX:PTL) expects net sales revenue to be ~$66 Mn, EBIT to be ~4 Mn and NPAT to be ~2.8 Mn.The Company maintained a healthy momentum going into FY21 after soared demand for its strong germ-killing products amid COVID 19.In FY21, Pental seeks to progress in the e-commerce channel, invest in its own trusted brand, develop new products, and explore partnership opportunities.Mark Hardgrave, Chairman of high growth consumer powerhouse Pental Limited (ASX:PTL) believes that the Company has had a very successful year (FY20). The focus lay on core brands, launch of new products, growing the business significantly while driving efficiencies in manufacturing.Pental brands (Source: PTL's AGM Presentation, Nov 2020)Continuing its impressive growth trajectory, the Company recently released a trading update- the expected unaudited financial results for the half year ending 27th December 2020.Pental's Expected Half Year Ending 27th December 2020 ResultsPental will report its half year ending 27th December 2020 in February 2021. The Company notified that this update would include a comparison to the half year ending 29th December 2019. Subject to audit, Pental expects the results to be as follows-Expected Results (Source: PTL's ASX Update, 18 Nov 2020)Sales of White King bleach, Country Life bar soaps along with household cleaners may grow relative to last year. The main reason for this is that Pental continues to invest heavily in supporting these two big powerhouse Australian made brands through both social media and outdoor advertising. Notably, sales are expected to grow even though the competition continues to influence consumer purchasing with heavy price discounting.Besides, Pental expects that the full financial year 2021 EBIT profit result will remain in line with FY20 (47.5% increase compared to FY19).What's Happening At Pental?A strong financial and operating performance, coupled with a strong balance sheet, well positions Pental as a growth oriented consumer brand in Australia and New Zealand.The Company's Australian made heritage brands have been witnessing a strong level of demand in the market despite supply chains of its global competitors returning to normal.The Company also acknowledged that its distributed battery products under the Duracell brand have been performing strongly compared to last year. This is happening after Pental rose Duracell's footprint by obtaining ranging in new channels spanning e-commerce and department stores.Besides, as a private label is growing in most categories, Pental's focus remains on ways to reduce production costs and stay competitive. The Company has also expanded its trustworthy legacy brands in new segments like anti-bacterial handwash and disinfectants.Mr Hardgrave also believes that the Company's production facility is more agile and can produce a broader range of products for more purpose.Meanwhile, the Company is progressing an agreement to make Duracell the major battery brand in Coles.OutlookPental sure seems to be maintaining strong momentum in FY21. The Company has a large range of new products to present to all major retailers in FY21."We will continue to improve, innovate and invest to keep our brands popular and relevant for today and tomorrow", adds Mr Hardgrave.PTL was trading up by 4.5% at $0.46, mid-day on 23 December 2020.