Australia's Original Juice gains on higher quarterly sales, FY24 forecast

SPC Global Holdings

10/10/2023 02:07

** Shares of Original Juice Co  OJC.AX  rise as much as 5.9%
to A$0.099, their highest since Oct 3
    ** Beverage co says its Q1 FY24 gross sales increased by 23%
to A$13.4 mln ($8.60 mln)
    ** Co expects FY24 sales to rise between 12%-16% to a range
of A$59 mln-A$61 mln
    ** More than 139,000 shares change hands, compared with the
30-day average volume of 74,740
    ** Stock down 31.3% YTD, as of last close
 
($1 = 1.5584 Australian dollars)

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))