Redox 2025 AGM Presentation and Chair Address

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Stock REDOX Ltd (RDX.ASX)
Release Time 8 Oct 2025, 8:34 a.m.
Price Sensitive Yes
 Redox 2025 AGM Presentation and Chair Address
Key Points
  • Redox produced strong results in FY25, increasing sales revenue by 9.4% and gross profit by 1%
  • The Board is committed to Environmental, Social, and Governance (ESG) initiatives
  • Raimond Coneliano has been an inspiring leader, and the highly experienced executives have welcomed new ideas
Full Summary

Redox Ltd (ASX:RDX) held its 2025 Annual General Meeting, where the Chair, Ian Campbell, and CEO, Raimond Coneliano, provided an overview of the company's performance and outlook. Redox continued to prosper during FY25 despite significant geopolitical and macroeconomic challenges, increasing sales revenue by 9.4% and gross profit by 1%, with a conversion margin of 45.3%. The Board operates harmoniously and is committed to Environmental, Social, and Governance (ESG) initiatives, including greenhouse gas emissions and workforce diversity. The Board maintained a simplistic approach to executive remuneration, with total shareholder return (TSR) remaining the most important element. Raimond Coneliano has been an inspiring leader, and the highly experienced executives have welcomed new ideas and demonstrated their preparedness to incorporate changes required in the global business. Redox is well-positioned for future growth, with a cash or cash equivalent position of $124 million and unused debt facilities of $185 million at year-end.

Guidance

During FY26, Redox plans to further enhance its product mix, deepen customer relationships, and continue to grow its client base. The company will continue to diligently review selective M&A opportunities that present outstanding value and strategic fit. Careful control of costs and initiatives will ensure Redox can drive efficiency and deliver shareholder value.

Outlook

Redox's resilient business model and clear strategy have underpinned steady growth and ongoing business development over the past 60 years. The underlying fundamentals of the business remain robust, leaving Redox well positioned for future growth in a highly attractive sector.