Reliance worldwide noted sales performance inline with expectation in Sep 2020 | Market update ASX |

Reliance Worldwide Noted Sales Performance In Line With Expectation In September 2020 Reliance Worldwide Corporation Limited (ASX: RWC) has provided a trading update for the period up to and including 25 September 2020. Sales performance across three regions continued to be in line as reported in the FY2020 annual earnings announcement on 24 August 2020.

Sales in the Americas grew strongly in September with increased sales in wholesale channels and sustained recovery in the Canadian market.

APAC external sales in September were up marginally, while intercompany sales volumes were also elevated. EMEA witnessed an improvement in volumes in the UK and Continental Europe.

Ramelius Resources Exceeds Its Guidance For September 2020

Ramelius Resources Limited (ASX: RMS) announced that it has surpassed the Quarter Production Guidance for September 2020, with 71,344 ounces of gold produced. Some of the other highlights include:

Cash and gold position in the balance sheet stood at $221.9 million and debt reduced to $16.25 million at the end of the quarter, leading to a net cash position of $205.7 million.

Underlying cash and gold, excluding the debt repayment, increased by $44.6 million over the quarter.

Paradigm Biopharmaceuticals Reports Zilosul Effectiveness In Knee Pain

Paradigm Biopharmaceuticals Ltd (ASX: PAR) reported further data on patients who received Zilosul® and the patients experienced a reduction in pain. Some of the key highlights are as follows:

Out of 76 patients treated (42 new patient data), about 73.7% reported at least a 25% reduction in pain with 52.6% of patients reporting a greater than 50% reduction in pain.

Paradigm released its first set of data using the WOMAC pain scoring index on 6 April.

Comment


Disclaimer

Ad

GET A FREE STOCK REPORT


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.


   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK