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Nuchev Pty Ltd ( (AU:NUC) ) has shared an announcement.
Nuchev Pty Ltd reported a 30% increase in group revenue to $6.5 million for Q1 FY26, driven by strong sales in the ANZ region and successful market entry into Vietnam. The company’s Oli6® Nutritional sales showed significant growth, particularly in China and Vietnam, underscoring the brand’s market strength and strategic distribution partnerships. Despite cash flow challenges due to production costs and timing, Nuchev remains focused on profitability and market expansion through new product development and strategic agreements.
The most recent analyst rating on (AU:NUC) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Nuchev Pty Ltd stock, see the AU:NUC Stock Forecast page.
More about Nuchev Pty Ltd
Nuchev Pty Ltd operates in the nutritional products industry, focusing on the production and sale of goat milk-based infant formula and related nutritional products under the Oli6® brand. The company targets markets in Australia, New Zealand, China, and Vietnam, leveraging strategic partnerships to expand its market presence.
Average Trading Volume: 19,661
Technical Sentiment Signal: Sell
Current Market Cap: A$21.78M
See more insights into NUC stock on TipRanks’ Stock Analysis page.