Avada Group: Half Yearly Report and Accounts

The results of AVADA Group Limited (“the Company”) and its subsidiaries (“the Group”) for the half-year reflect the operational performance of the business under current market conditions. During the period, the Group recognised an impairment loss of $15.0 million relating to the Victorian cash-generating unit (“CGU”). This impairment comprised $9.4 million of goodwill and $5.6 million of other in