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Coventry Group’s Q1 Sales Rise 4.5% as Cost-Cutting Gains Traction

9:23am on Friday 17th of October, 2025 AEDT Industrial Goods
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Coventry Group’s Q1 Sales Rise 4.5% as Cost-Cutting Gains Traction

9:23am on Friday 17th of October, 2025 AEDT
Key Points
  • Q1 FY26 sales reach $99.3 million, up 4.5% year-on-year
  • Unaudited EBITDA improves to $2.9 million from breakeven in Q4 FY25
  • Annualised $10 million cost-out program underway, $2.9 million savings identified in Q1
  • New CFO and CIO appointed to drive 'back to basics' strategy
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