Mcpherson’S Limited (AU:MCP) has released an update.
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McPherson’s Limited reports a financial year of strategic transformation and simplification, including the sale of the Multix brand, with a slight decline in revenue to $197.6 million, and an underlying EBITDA consistent with the previous year at $15.2 million. Despite these efforts, the company endured a statutory net loss of $16.0 million, attributed to substantial non-recurring costs and non-cash impairments. The firm is now focusing on its five core high-growth brands and a strong balance sheet to drive future profitability and sustainable growth.
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