Ryobi (JP:5851) has released an update.
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Ryobi Limited reported a 5.9% increase in net sales for the nine months ending September 30, 2024, reaching 215.2 billion yen, although operating and ordinary income declined by over 28%. The shareholders’ equity ratio improved to 50.8%, and the company anticipates full-year net sales growth of 3.3% despite lower income projections.
For further insights into JP:5851 stock, check out TipRanks’ Stock Analysis page.