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Eneco Refresh Limited ( (AU:ERG) ) has shared an update.
Eneco Refresh Limited reported an 8% year-to-date revenue growth, reflecting successful implementation of its turnaround plans. The water business showed a strong 9% growth, contributing significantly to the company’s profitability, while the plastics division, despite a slowdown, managed a 2% year-to-date increase, indicating a positive turnaround after challenging years.
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 enhancing its market presence through strategic turnaround plans and operational improvements.
YTD Price Performance: -42.86%
Average Trading Volume: 167,648
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$3.27M
For a thorough assessment of ERG stock, go to TipRanks’ Stock Analysis page.