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Eneco Refresh Ltd (ASX:ERG)

ALERT: Price-sensitive ASX Announcement for ERG
Current share price for ERG : $0.014 -0.001 (-6.67%)+
Announcement
Release
31 Jul 2026 11:51AM
Price at Release
$0.015
Full Release
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Summary
Eneco Refresh Limited (ERG) released its quarterly activities report for the quarter ending 30 June 2026. The company reported a 7% increase in total revenue compared to the same period last year, driven by growth across several cash-generating units including Refresh Waters and Refresh Plastics. Despite challenges such as volatility in raw material prices, particularly plastic resin, the company managed to achieve significant revenue growth in Refresh Plastics by strategically adjusting pricing and leveraging volume-based discounts. Cash flow reports indicate a net cash inflow from operating activities, with end-of-period cash and cash equivalents totaling approximately $5,024,000. The management remains focused on continuous improvement and navigating market challenges effectively.
Key Points
  • Quarterly revenue increased by 7% year-on-year.
  • Total cash and cash equivalents at quarter-end were $5,024,000.
  • Significant growth in Refresh Plastics revenue due to strategic pricing adjustments.
  • Effective management of raw material price volatility.
  • Continued focus on operational improvements and market adaptation.
  • Net cash inflow from operating activities recorded for the quarter.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.