Eden Innovations Ltd (AU:EDE) has released an update.
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Eden Innovations Ltd reports a 21% decline in total sales for Q3 FY2024 compared to the previous year, with significant sales drops in its EdenCrete and OptiBlend products. Despite a challenging quarter, the company sees growing market interest and potential in various international markets and new US concrete sectors, such as cellular foam concrete and 3D concrete printing. Trials of EdenCrete products are showing promising results in improving the strength and workability of concrete while utilizing environmentally friendly materials.
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