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Close the Loop Ltd. ( (AU:CLG) ) has provided an update.
Close the Loop Limited reported a strong start to FY26, with improvements in both its Resource Recovery and Packaging divisions. The company has seen increased revenue and EBITDA, driven by new product lines, cost controls, and strategic divestments. The divestment of non-core assets like Alliance Paper and O F Flexo supports a more focused business model. The company is also undergoing leadership changes, with key directors stepping down, and remains committed to improving shareholder value and reducing debt.
The most recent analyst rating on (AU:CLG) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Close the Loop Ltd. stock, see the AU:CLG Stock Forecast page.
More about Close the Loop Ltd.
Close the Loop Limited is a leader in the circular economy industry, focusing on resource recovery and packaging solutions. The company is involved in recycling and packaging, with a market presence in South Africa and Australia.
Average Trading Volume: 685,192
Technical Sentiment Signal: Sell
Current Market Cap: A$21.27M
See more data about CLG stock on TipRanks’ Stock Analysis page.