Eneco Refresh Limited (AU:ERG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Eneco Refresh Limited reported a robust fourth-quarter performance with total revenue up by 9% and notable year-to-date growth of 7%. The company’s water business, excluding the closed Darwin operation, achieved a 21% quarterly and 18% annual growth, driven by strong sales in Western Australia and Victoria. Meanwhile, Refresh Plastics saw a significant 64% quarterly and 35% annual revenue increase, bouncing back from the previous year’s fire incident.
For further insights into AU:ERG stock, check out TipRanks’ Stock Analysis page.