AoFrio issues improved revenue guidance

(Image: AoFrio)

Wed, 30 Oct 2024

Based on strong trading performance, smart refrigeration company AoFrio is narrowing its revenue guidance to the top half of the previously indicated range.On Wednesday, the tech company told the New Zealand Exchange (NZX) that revenue for the 2024 financial year (FY24) was now expected in the range of $75 million to $80m (previously $70m to $80m).This would be a 16% increase over FY23 at the midpoint of the range.AoFrio said it maintained its FY24 guidance for earnings before interest, tax, depreciation and amortisation (Ebitda), targeting aro...

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