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ALS Limited Reports Strong FY25 Results and Announces $350 Million Equity Raising

Story Highlights
  • ALS Limited saw a 16% revenue increase to $3 billion, driven by Life Sciences growth.
  • The company announced a $350 million equity raising to support future growth initiatives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ALS Limited Reports Strong FY25 Results and Announces $350 Million Equity Raising

Confident Investing Starts Here:

An announcement from ALS ( (AU:ALQ) ) is now available.

ALS Limited reported a solid financial performance for FY25, with a 16% increase in underlying revenue to $3 billion, driven by strong growth in Life Sciences and a resilient Commodities sector. Despite a slight decline in underlying NPAT due to adverse foreign exchange impacts and higher interest costs, the company announced a $350 million equity raising to fund future growth initiatives. The company’s strategic acquisitions are performing well, and the transformation program for Nuvisan is ahead of schedule. ALS’s strong balance sheet supports its growth agenda, and the company remains committed to maximizing shareholder returns through its value creation framework.

The most recent analyst rating on (AU:ALQ) stock is a Buy with a A$15.20 price target. To see the full list of analyst forecasts on ALS stock, see the AU:ALQ Stock Forecast page.

More about ALS

ALS Limited operates in the Life Sciences and Commodities sectors, providing laboratory testing services with a focus on environmental, food, pharmaceutical, and industrial materials testing. The company is known for its strong market presence in these areas, leveraging a diversified revenue mix and a robust operating model to maintain resilience in fluctuating market conditions.

YTD Price Performance: 17.31%

Average Trading Volume: 1,181,483

Technical Sentiment Signal: Buy

Current Market Cap: A$8.58B

Learn more about ALQ stock on TipRanks’ Stock Analysis page.

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