LIXIL Group (JP:5938) has released an update.
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LIXIL Corporation reported an increase in Q1 FYE2025 revenue, despite a decline in core earnings year-on-year, with renovation sales driving performance in Japan and mixed results internationally. The company’s global strategy changes anticipate improved profitability, although the US renovation market remains weak. Notably, operating cash flow improved, yielding JPY14.6 billion in free cash flow.
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