Brief: Redox Says Sales Revenue Declined In Q1 FY24 Versus PCP

Redox

08/11/2023 01:56

Nov 8 (Reuters) - Redox Ltd  RDX.AX :
    * SALES REVENUE DECLINED IN Q1 FY24 VERSUS PCP DUE TO
COMMODITY
PRICE DEFLATION
    * GROSS PROFIT MARGIN ACHIEVED DURING Q1 FY24 WAS HIGHER
THAN
ANTICIPATED AT 21.3%
    * SALES VOLUMES INCREASED 5% IN Q1 FY24 VERSUS PCP
    * REAFFIRMS ITS FY24 PROSPECTUS FORECAST
    * MACROECONOMIC CONDITIONS REMAIN UNCERTAIN

Source text for Eikon:  ID:nASX6nGnlG 
Further company coverage:  RDX.AX 

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