Aeris Environmental Ltd (ASX: AEI) provided market update announcing revenue to be at $14.4 million for FY20, exceeding the previous revenue guidance of $13 million. Some highlights include:
- Aeris Active product is now listed for sale by major global brands like the Guardian Health and beauty as well as by Costco in Japan which has over 26 warehouses selling the product.
- Initial shipments to Chinese strategic partners are targeted in the current quarter
- Approvals have been received by AEI for Aeris Active in Europe following relevant European standard testing