Eneco Refresh Limited (AU:ERG) has released an update.
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Eneco Refresh Limited reported a revenue increase of 7% for the FY2024, though after adjusting for discontinued operations, the real growth was 17.8%. Despite this, the company experienced a comprehensive loss after taxes due to one-off expenses such as relocation costs following a factory fire and management restructuring. Higher costs for labor, materials, and distribution also led to a 2% decline in operating margins.
For further insights into AU:ERG stock, check out TipRanks’ Stock Analysis page.