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Range International Limited ( (AU:RAN) ) has issued an announcement.
Range International Limited reported a significant increase in revenue for Q2 2025, with an 8% rise from Q1 and a 75% increase compared to Q2 2024. Despite some order delays due to economic uncertainties, all orders were reinstated in July, and the company is on track to exceed its FY2024 sales revenue. The company faced higher material costs due to a shortfall in preferred feedstocks, impacting its gross margin, but expects supply chain improvements in Q3. The outlook for the remainder of FY25 remains strong, with anticipated record revenue in Q3, contingent on raw material availability.
More about Range International Limited
Range International Limited is a company operating in the manufacturing industry, specializing in the production of Re>Pal™ ‘zero-waste’ plastic pallets. The company focuses on sustainable solutions and operates primarily in the market for eco-friendly logistics products.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.88M
For an in-depth examination of RAN stock, go to TipRanks’ Overview page.