Brought to you by SMC Corporation.
Noumi recorded a positive third quarter, with revenue up 5.6 per cent to $137.5 million on 3Q23. Its Plant-based Milks business rose 12.5 per cent to $42.7 million, while Dairy and Nutritionals rose 2.8 per cent to $94.9 million.
Shareholders will be the beneficiaries of Woolworths Group selling five per cent of its stake in Endeavour Group. The block trade, at $5.22 per share, will raise $468 million, with Woolworths saying the proceeds would be returned to shareholders.
Coles Group reported a 5.1 per cent increase in sales revenue to $9.1 billion in 3Q24, with comparable sales growth of 4.2 per cent. The Group’s third-quarter sales up 3.4 per cent to just over $10 billion.
