Food Revolution Group Ltd. (AU:OJC) has released an update.
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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.
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