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An announcement from Zoono Group Limited ( (AU:ZNO) ) is now available.
Zoono Group Limited announced significant progress in its shelf-life extension trials, which now include a broader range of products and have expanded to twelve countries. Despite delays in commercial uptake, the company reports growing interest and potential long-term revenue streams, with major UK supermarket chains planning in-store trials. Additionally, Zoono is making strides in Asian markets and expects increased orders, contributing to improved financial stability and future growth.
More about Zoono Group Limited
Zoono Group Limited is involved in the development of niche market technologies, focusing on shelf-life extension solutions for various products including fruits, vegetables, meats, and more. The company is engaged with supermarket chains, food producers, and packaging companies across multiple continents to reduce global food waste through its innovative technology.
YTD Price Performance: 8.00%
Average Trading Volume: 113,113
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.6M
See more data about ZNO stock on TipRanks’ Stock Analysis page.