Oliver’s Real Food Ltd. ( (AU:OLI) ) has provided an update.
Oliver’s Real Food Ltd. has finalized negotiations to be released from the lease of its Lithgow store, which closed in July 2024. This release will result in a $500k credit to the company’s FY2025 profit and loss statement, reflecting positively on its financials. The agreement, signed on February 28, 2025, highlights the company’s ability to negotiate favorable terms and may improve its financial positioning by reducing liabilities.
More about Oliver’s Real Food Ltd.
Oliver’s Real Food Limited, listed on the ASX since June 2017, has carved out a niche in the fast-food industry by offering a healthy alternative for travelers on Australia’s major highways. As the world’s first certified organic fast-food chain, Oliver’s emphasizes fresh, natural food free from additives and preservatives, catering to a conscious consumer base and maintaining a commitment to stakeholders, including customers, investors, and the environment.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2.59M
Learn more about OLI stock on TipRanks’ Stock Analysis page.