Eneco Refresh Limited (AU:ERG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.