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Accent Group Ltd ( (AU:AX1) ) just unveiled an update.
Accent Group Limited reported a 4.6% increase in revenue, reaching $775.963 million for the half-year ended December 2024. Profit after tax rose by 11.7% to $47.184 million. The company declared a final dividend of 4.50 cents for 2024 and an interim dividend of 5.50 cents for 2025. Despite these financial improvements, the net tangible assets per ordinary security decreased from 12.33 cents to 8.31 cents, indicating a shift in the company’s asset structure.
More about Accent Group Ltd
Accent Group Limited operates in the retail sector, specializing in footwear and apparel. The company focuses on delivering a wide range of branded products to consumers, positioning itself prominently within the fashion and lifestyle market.
YTD Price Performance: -8.97%
Average Trading Volume: 1,292,496
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.21B
For a thorough assessment of AX1 stock, go to TipRanks’ Stock Analysis page.
