Half Yearly Report and Accounts
| Stock | Eneco Refresh Ltd (ERG.ASX) |
|---|---|
| Release Time | 27 Feb 2026, 4:45 p.m. |
| Price Sensitive | Yes |
Eneco Refresh Reports Improved H1 2026 Results
- Revenue up 6.5% to $9,000k
- Profit up 1714% to $237k
- Focus on gross margins and growth delivers improved financial results
Eneco Refresh Limited reported improved financial results for the first half of FY2026, with revenue up 6.5% to $9,000k and profit up 1714% to $237k. The company's focus on gross margins and growth has delivered these improved results in a tough economic landscape. Revenue growth was seen across the company's key business units, with the Refresh Waters division up 6% and the Refresh Plastics division up 8%. The company noted that the relocation of the Victoria branch and high cost of goods impacted the profitability of the Refresh Waters division, but losses have been drastically reduced by around 80%. The Refresh Plastics business improved on the FY2025 half-yearly figure with 8% sales growth, and the company is pleased to have turned this business performance around after many difficult years. The Board remains focused on delivering continuing profitable results and is determined to seek additional ways to deliver this through potential acquisitions and continued investment in production capacity and efficiency improvements.
The Board remains focused on delivering continuing profitable results and is determined to seek additional ways to deliver this through potential acquisitions and continued investment in production capacity and efficiency improvements.