Expecting Lower Revenue and Higher Costs for Redox in Near Term, but Long-Term Outlook Intact

Redox has achieved a phenomenal revenue CAGR of 12% over the three decades to end June 2024, driven by its strategy of diversifying revenue across new product groups, thereby capturing greater market share in the core markets of Australia and New Zealand, and more recently, expanding the business in offshore markets, including Southeast Asia and the United States.