Brief: Secos Group Enters Into Exclusive Sales Agreement With JC USA Inc

MyEco

19/12/2022 01:26

Dec 19 (Reuters) - Secos Group Ltd  SES.AX :
    * ENTERED INTO AN EXCLUSIVE SALES AGREEMENT WITH JC USA INC
    * CURRENT QUARTER SALES ARE EXPECTED TO BE SLIGHTLY LOWER TO
FLAT
COMPARED TO PRIOR QUARTER
    * SALES TARGET OF $2.8 MILLION TO MAINTAIN EXCLUSIVITY
    * SALES TARGET OF $2.8 MILLION TO MAINTAIN EXCLUSIVITY
    * AGREEMENT FOR SUPPLY OF SECOS' MYECOWORLD® PRODUCT RANGE
AND
OTHER CONVERTED COMPOSTABLE PRODUCTS
    * SALES GUIDANCE REPORTED IN SEPT 2022 NOW SHIFTED TO H2
FY23
    * EXPECTS TO ACHIEVE A STRONGER H2 FY23

Source text for Eikon:  ID:nASX7q8Kjn 
Further company coverage:  SES.AX 
 ((Reuters.Briefs@thomsonreuters.com;))