Bremworth LimitedNZX: BRW

BRW: Revenue up, margins down; strategic investments target recovery amid tough market

· Issued by 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.

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