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Eneco Refresh Ltd (ASX:ERG)

ALERT: Price-sensitive ASX Announcement for ERG
Current share price for ERG : $0.015 -0.001 (-6.25%)+
Announcement
Release
29 Jan 2026 6:47PM
Price at Release
$0.016
Full Release
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Summary
Eneco Refresh Ltd reported a strong performance for the quarter ending 31 December 2025, with a 4% increase in total revenue compared to the previous year. Key growth areas included Western Australia and Victoria, with significant revenue increases. Refresh Waters and Refresh Plastics both contributed to the company's revenue growth, although the latter experienced a temporary decline due to a previous promotional event. The company is actively pursuing cost-saving measures amidst rising supplier and customer price pressures. Cash flow from operating activities was positive, and the company ended the quarter with healthy cash reserves and no drawn loan facilities.
Key Points
  • Eneco Refresh Ltd reported a 4% increase in total revenue for Q2 2025 compared to the previous year.
  • Western Australia saw a 9% increase in revenue, while Victoria experienced a 17% increase.
  • Refresh Waters saw an 8% increase in sales over the Q2 period and a 6% improvement compared to the first half of the previous year.
  • Refresh Plastics reported an 8% increase year-to-date, despite a 14% decline in Q2 due to a prior year's promotional sale.
  • The company is implementing cost-saving initiatives to reduce costs, despite ongoing price pressures from suppliers and customers.
  • The company reported net cash from operating activities of $674,000 for the current quarter.
  • Cash and cash equivalents at the end of the period were $4,418,000.
  • There were no loan facilities drawn at the quarter end.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.