Coventry Group (ASX:CYG) Reports 6.1% Increase in Q1 Group Sales

<WIRE> Coventry Group (ASX:CYG) Reports 6.1% Increase in Q1 Group Sales

Friday, 13 October 2023

Coventry Group (ASX:CYG) recently announced its Q1 FY24 group sales reached a total of A$94.606 million, an increase of 6.1% from the previous year.

In addition, the company’s unaudited EBITDA came in at A$5.446 million, marking a 10.8% increase.

However, as a result of ongoing market uncertainty, Coventry Group (ASX:CYG) will not be providing FY24 guidance at this stage.

The company is currently seeking to implement a range of improvement opportunities.

Coventry Group is a provider of industrial solutions across a broad range of industries.

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<WIRE> Coventry Group (ASX:CYG) Reports 6.1% Increase in Q1 Group Sales

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