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Prestal Holdings Reports 27.6% Sales Decline Amid Challenging Market Conditions

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Prestal Holdings Reports 27.6% Sales Decline Amid Challenging Market Conditions

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Pental Ltd. ( (AU:PTL) ) has issued an update.

Prestal Holdings Limited announced that its FY2025 Half Year sales were $12.1 million, representing a decline of 27.6% compared to the previous year, amidst ongoing high interest rates and rising living costs that have affected spending. The company is undergoing strategic changes following a review in FY2024, including cost reductions and office consolidation, with statutory results expected in late February 2025 after audit adjustments.

More about Pental Ltd.

YTD Price Performance: 0%

Average Trading Volume: 6,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €8.74M

See more insights into PTL stock on TipRanks’ Stock Analysis page.

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