Apparel company Unisync's Q3 revenue rises
Overview
Unisync Q3 FY2025 revenue rises to C$21.9 mln, driven by UGL segment
Pretax profit improves to C$1.8 mln, reflecting disciplined cost management
Unisync Group Limited (UGL) segment margins surge to 23.5%, aided by operational efficiencies
Outlook
Unisync expects improved UGL margins from lower input costs
Company faces uncertainty from US trade war impacting Canadian dollar
Peerless segment to maintain revenue with C$28.9 mln in contracts
UGL pursuing new business opportunities in Canada and US
Result Drivers
UGL SEGMENT GROWTH - UGL revenues increased by C$0.6 mln, driven by higher airline account volumes, boosting gross profit significantly
MARGIN EXPANSION - Segment margins rose to 23.5% from 12.6% a year ago, due to a stronger sales mix, lower offshore product costs, and operational efficiencies
COST MANAGEMENT - General & administrative expenses reduced by C$0.1 mln, and interest expenses declined due to reduced borrowings and a weaker U.S. dollar
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue |
| C$21.90 mln |
|
Q3 Pretax Profit |
| C$1.80 mln |
|
Press Release: ID:nGNX1qGpRx
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