Diversification into water treatment and oil & gas is delivering stronger volumes and value contributions, supported by a growing order pipeline.
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AquaStrike Premium launch, with government approvals, positions the company to penetrate public health and institutional markets while being eco-friendly.
NEGATIVES
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FMCG segment experienced a temporary softness in volumes, indicating near-term weakness in that sub-vertical.
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Q4 EBITDA margins were pressured by promotional investments and related expenses as the company beefed up brand and product development.
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