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Eneco Refresh Limited ( (AU:ERG) ) has issued an announcement.
Eneco Refresh Limited reported a 7% increase in total revenue for the fourth quarter of FY25 compared to the same period in FY24, driven by organic growth and strategic focus on operational efficiency. The company invested in automation to enhance productivity and reduce production costs, while facing challenges such as inflation and cost increases. The water business saw an 8% quarterly revenue increase, with a 9% year-to-date rise, despite a one-off order not being repeated in Victoria. The plastics division maintained stable revenue, with a 2% annual increase, reflecting a successful new business model. The management team remains focused on delivering value to shareholders through improved margins and productivity gains.
More about Eneco Refresh Limited
Eneco Refresh Limited operates in the water and plastics industry, focusing on the production and distribution of bottled water and plastic products. The company is committed to organic growth and improving operational efficiencies, with a market focus on strategic partnerships within Australia.
Average Trading Volume: 25,802
Technical Sentiment Signal: Sell
Current Market Cap: A$3.27M
Learn more about ERG stock on TipRanks’ Stock Analysis page.