Accent Group Ltd (AU:AX1) has released an update.
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Accent Group Limited reported a marginal increase in revenues by 2.4% reaching $1.45 billion for the fiscal year ended 30 June 2024, against a backdrop of a significant 32.9% drop in profits after tax amounting to $59.53 million. Despite the profit slump, the company announced dividends, including a final dividend of 4.50 cents per share, reflecting a modest decrease from the previous year’s final dividend. The report also highlighted a decline in net tangible assets per security from 10.68 cents to 6.18 cents over the same period.
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