An update from Unisync ( (TSE:UNI) ) is now available.
Unisync reported a slight decline in Q1 fiscal 2025 revenue primarily due to decreased sales in the UGL segment, which were affected by shipment timing and lost business, although it gained from airline accounts. Despite this, improved margins from price increases and cost reductions helped offset the impact of a $1.4 million unrealized foreign exchange loss. The company continues to aim for operational efficiencies and potential cost savings from the leasing or sale of its Saint-Laurent facility, positioning itself to sustain revenues and profitability through existing contracts and new business opportunities.
More about Unisync
Unisync Corp. operates through two main business units: Unisync Group Limited (UGL) and Peerless Garments LP. UGL is a prominent provider of corporate apparel in Canada and the USA, serving well-known brands, while Peerless focuses on manufacturing technical protective garments and military operational clothing for various government departments.
YTD Price Performance: -1.94%
Average Trading Volume: 6,749
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$29.09M
For an in-depth examination of UNI stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com