AVI’s trading environment remains tough due to high interest rates, unemployment, and inflation, which limited sales volume growth. Group revenue for the four months ending October 31, 2024, was up +3.4% year-over-year | Gross profit margin improved, helped by higher prices, factory restructuring, and productivity investments, supporting growth in operating profit | I&J fishing catch rates remain low, and abalone prices are still pressured in Asian markets.
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