Business
BRW: Revenue up, margins down; strategic investments target recovery amid tough market
BRW: Revenue up, margins down; strategic investments target recovery amid tough market
About this update from Bremworth Limited
Revenue rose 10.7% year-over-year to $88.9 million, but gross margin fell to 13.4% and normalised EBITDA loss widened. Strategic initiatives, including a $6 million plant expansion and sales team growth, aim to restore profitability amid ongoing market challenges.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.