EarthRenew (TSE:ERTH) has released an update.
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Replenish Nutrients, formerly EarthRenew, reports moderate Q2 financial results for 2024 but anticipates stronger performance in the latter half of the year. The company is seeing robust demand for its regenerative fertilizer products and is focusing on a shift towards higher margin granulated fertilizer. Significant upgrades and production increases are expected at the Beiseker facility, which should improve margins and cash flow.
For further insights into TSE:ERTH stock, check out TipRanks’ Stock Analysis page.