Ryobi (JP:5851) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ryobi Limited reported a 5.9% increase in net sales for the nine months ending September 30, 2024, reaching 215.2 billion yen, although operating and ordinary income declined by over 28%. The shareholders’ equity ratio improved to 50.8%, and the company anticipates full-year net sales growth of 3.3% despite lower income projections.
For further insights into JP:5851 stock, check out TipRanks’ Stock Analysis page.