Water Intelligence Announces Profit Surge and Growth Strategy
Company Announcements

Water Intelligence Announces Profit Surge and Growth Strategy

Water Intelligence (GB:WATR) has released an update.

Water Intelligence reports a robust interim financial performance with a 7% revenue increase to $41.5 million and profits before tax up by 11% to $4.7 million, reflecting strong growth in their corporate store sales. The company also highlighted the successful refinancing of debt and a strategic acquisition in Ireland, setting a positive tone for the launch of their ‘Next 50’ growth plan. With a strong balance sheet and under-leveraged position, Water Intelligence is poised for continued expansion and shareholder value creation.

For further insights into GB:WATR stock, check out TipRanks’ Stock Analysis page.

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