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An update from Energy Technologies Limited ( (AU:EGY) ) is now available.
Energy Technologies Limited reported a 3.69% increase in unaudited sales revenue over the previous quarter, alongside a 26% improvement in cash outflow compared to FY2024. Despite a 29% decrease in cash receipts, the company maintains adequate financing facilities and is finalizing a capital management strategy. The completion of the Siemens Mobility Package marks a significant milestone, and the company continues to operate without substantive changes, focusing on manufacturing specialist industrial cables through its subsidiary Bambach Wires and Cables Pty Ltd.
More about Energy Technologies Limited
Energy Technologies Limited specializes in providing high-quality electrical cables for a wide range of applications across the Low Voltage (LV), Medium Voltage (MV), and High Voltage (HV) markets. Their comprehensive product offerings cater to diverse industries, with a particular focus on Infrastructure, Renewables, Defence, and Mining sectors.
Average Trading Volume: 274,579
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$15M
For an in-depth examination of EGY stock, go to TipRanks’ Overview page.