Swiss Water Decaffeinated Coffee Inc (TSE:SWP) has released an update.
Swiss Water Decaffeinated Coffee Inc. reported a 27% increase in third-quarter sales volumes and improved gross profit, driven by operational consolidation and cost savings. Despite these gains, the company faced net losses due to higher interest expenses and mark-to-market losses. The company also completed a significant debt repayment, which concluded all obligations with Mill Road Capital.
For further insights into TSE:SWP stock, check out TipRanks’ Stock Analysis page.
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