Brief: Redox Says Sales Revenue Declined In Q1 FY24 Versus PCP
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
((Reuters.Briefs@thomsonreuters.com;))
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