Australia's Enero hits over 1-week low on Q1 revenue drop

Enero

19/10/2023 01:25

** Shares of Enero  EGG.AX  fall as much as 6.9% to A$1.565,
set for their worst intraday drop since Oct 4
    ** Stock hits lowest since Oct 10
    ** The marketing services provider says Q1 revenue declined
by 7% on a YoY basis
    ** Co says unit's strategic review expected to be concluded
by early 2024 
    ** Enero stock down 40.4% YTD, as of last close

    ($1 = 1.5793 Australian dollars)

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))