Business

LBR: Revenue and margins improved, led by ambient products, amid ongoing portfolio simplification

LBR: Revenue and margins improved, led by ambient products, amid ongoing portfolio simplification

Libstar Holdings Ltd.September 10, 20245
LBR: Revenue and margins improved, led by ambient products, amid ongoing portfolio simplification

About this update from Libstar Holdings Ltd.

Revenue grew 5.2% with improved margins and EBITDA, driven by portfolio simplification and operational efficiencies. Segment performance was mixed, with ambient products leading growth and perishable products showing margin recovery. Gearing and ROIC improved, despite ongoing consumer and export challenges.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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