Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Metro Performance Glass Ltd ( (AU:MPP) ) is now available.
Metro Performance Glass Ltd reported a 5% decrease in revenue to $108 million for the six months ending September 2025, with a profit of $2.9 million. The company successfully reduced its net debt significantly through a capital raise, despite facing market softness. The firm is focused on improving efficiency, reducing costs, and maintaining high service levels to secure its market position amidst competitive pressures. The closure of two larger factories and relocation to smaller facilities are part of ongoing cost-reduction efforts, with expected benefits in the coming fiscal periods. While New Zealand shows signs of improvement, growth in Australia remains delayed due to economic conditions.
More about Metro Performance Glass Ltd
Metro Performance Glass Ltd operates in the glass processing industry, primarily providing processed glass products and services. The company focuses on maintaining high service levels and quality in both New Zealand and Australia, aiming to be the leading supplier in its market.
Average Trading Volume: 103,075
Technical Sentiment Signal: Sell
Current Market Cap: A$38.52M
For detailed information about MPP stock, go to TipRanks’ Stock Analysis page.