Australia's Yowie rises on stronger Q4 net sales

Yowie

31/07/2024 06:06

** Shares of Yowie Group  YOW.AX  rise as much as 12% to
A$0.028, hitting their highest level since June 19
    ** Stock set for best day since February 7, if current gains
hold
    ** Food processing co reports 17% increase in group net
sales for the fourth quarter to $3.14 mln
    ** However, co reports EBITDA loss of $1.32 mln for the
quarter
    ** Stock has fallen 16.7% this year, as of last close

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((shivangi.lahiri@thomsonreuters.com))