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SECOS Group Ltd ( (AU:MCO) ) just unveiled an announcement.
MyEco Group Ltd reported a 2.0% increase in total group sales for Q1 FY26 compared to the previous corresponding period, with significant growth in council and waste channel sales, which rose by 103.8%. However, overall quarterly sales were down 9.2% due to a high comparative base from a major UK product launch in the previous quarter. The company is addressing challenges from U.S. tariff policy changes and focusing on expanding its market presence in Australia and other international markets, such as Mexico and Canada, to drive future growth.
More about SECOS Group Ltd
MyEco Group Ltd is a leading developer and manufacturer of sustainable packaging and materials, focusing on providing eco-friendly solutions. The company is active in the retail sector, supplying major supermarkets like Coles and Woolworths with compostable products, and is expanding its presence in council waste management programs in Australia.
Average Trading Volume: 123,866
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.82M
For an in-depth examination of MCO stock, go to TipRanks’ Overview page.