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The latest announcement is out from Gale Pacific Limited ( (AU:GAP) ).
GALE Pacific Limited has announced a trading update highlighting challenges in the US market due to new tariffs affecting consumer demand and inventory replenishment. The company is revising its full-year EBITDA guidance down to between $10 million and $12 million from the previous $18 million to $20 million, citing declining consumer confidence and ongoing tariff negotiations. Despite these challenges, the company’s performance in Australia, New Zealand, and developing markets remains stable, and efforts to diversify manufacturing outside of China are progressing well.
More about Gale Pacific Limited
GALE Pacific Limited is a leading global marketer and manufacturer specializing in branded screening and shading products for domestic, commercial, and industrial applications.
YTD Price Performance: -23.08%
Average Trading Volume: 373,473
Technical Sentiment Signal: Buy
Current Market Cap: A$28.46M
For an in-depth examination of GAP stock, go to TipRanks’ Stock Analysis page.