Food Revolution Group Ltd. (AU:OJC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Food Revolution Group Ltd. reported a record-breaking first quarter with sales reaching $16.9 million, marking a 25.1% increase from the previous year. Despite facing increased procurement costs and citrus price hikes, the company improved its cash flow and profitability, signaling a positive outlook for FY25. The anticipated merger with SPC and Natures One Dairy is expected to further enhance growth through expanded production capacity and market reach.
For further insights into AU:OJC stock, check out TipRanks’ Stock Analysis page.