AGL Energy Announces Strong Profit Growth
Company Announcements

AGL Energy Announces Strong Profit Growth

AGL Energy Limited (AU:AGL) has released an update.

AGL Energy Limited has reported a significant turnaround in its financial performance for the fiscal year ended June 30, 2024, with an underlying profit after tax surging 189.0% to $812 million, compared to $281 million in the previous year. Revenue, however, saw a slight decrease of 4.1%, totaling $13,583 million. Shareholders also witnessed a substantial increase in earnings per share and net tangible assets, while the company declared final and interim dividends per share after a period of not declaring any.

For further insights into AU:AGL stock, check out TipRanks’ Stock Analysis page.

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