Bremworth LimitedNZX: BRW

BRW: Revenue rose but operating losses deepened; reset actions and acquisition proposal drive outlook

· Issued by Bremworth Limited

FY25 saw revenue growth but deeper operating losses due to market and supply chain disruptions, offset by significant insurance proceeds. Strategic reset actions included reinstating domestic yarn production, reintroducing synthetics, and a proposed acquisition by Floorscape Limited at a substantial premium.

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