Interloop Limited (ILP): Approval of FY25 Export Target and expansion plans – By Foundation Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Interloop Limited (ILP) Board has approved its (1) annual budget for FY25 and (2) CAPEX projects across various business lines totaling US$92.1mn to be phased over FY25 and FY26.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">ILP&rsquo;s Board of Directors have approved a sales target of US$670.8mn for FY25. To highlight, company sales were US$396mn in 9MFY24 (of which 95.5% were export sales) and US$481mn in FY23 (of which 94.4% were export sales).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company Board has approved following CAPEX projects totaling US$92.1mn.</span></li></ul><p></p>
