Zoono Group Limited (ASX:ZNO) Secures Exclusive UK Packaging Agreement
Exclusive Contract Details
Zoono Group Limited has entered into an exclusive agreement with Sharpak Aylesham Limited and OSY Group Limited to apply its shelf-life extension products to soft fruit packaging in the UK until December 2029. The contract includes increasing annual purchases from NZ$4.3 million in year one to NZ$8.6 million in year five.
Future Outlook
Zoono anticipates receiving the first product order after the completion of in-store trials later this year, with revenues expected to rise as Sharpak increases production in FY2026 and expands supply across the UK market. Ongoing trials with leading UK supermarkets have shown positive results, supporting further market growth.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.
