Oliver’s Real Food Ltd. (AU:OLI) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Oliver’s Real Food Ltd. has signed a new agreement with a foodservice distributor to improve financial outcomes by containing supply chain costs. The company is also ending its ‘Oliver’s Food to Go’ supply agreement with European Garages, which will affect royalty revenue. These changes are part of Oliver’s broader strategy to reduce costs and enhance financial performance, targeting annual savings of $1.2 million to $1.4 million.
For further insights into AU:OLI stock, check out TipRanks’ Stock Analysis page.
