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Globe International Releases H1 FY25 Results With Profitability Across All Key Regions

Globe International Limited has released its results for the six months ended 31 December 2024 (H1 FY25).  H1 FY25 Financial Highlights include:   Revenue of $95.3 million, down 12% on prior corresponding period (PCP) due to planned transition in brand mix towards higher-margin brand portfolio; $15 million of non-core revenue was intentionally eliminated in H1 FY25 EBIT of $7.1 million, down 3% on PCP; EBIT margin up 10% to 7.5% due to deliberate focus on higher margin, long-term growth…