euglena Co., Ltd. (JP:2931) has released an update.
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Euglena Co., Ltd. saw a 3.5% rise in sales in the third quarter of FY2024, driven by a strong performance in the healthcare sector. Despite a decline in the biofuel business, the company’s adjusted EBITDA surged by 64%, indicating a potential for profitability by the end of the year. Strategic investments and partnerships are poised to support further growth and market expansion.
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