Foraco International Shifts Strategy Amidst Revenue Changes

Foraco International (TSE:FAR) has released an update.

Foraco International SA has reported a shift in business strategy towards more stable jurisdictions, leading to a temporary dip in revenue but maintaining strong profitability, with record-breaking quarters in North America and Australia. Despite a revenue drop from the EMEA and South American regions, the company achieved a 23% gross margin and remains optimistic about future growth.

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