ALS Ltd. (AU:ALQ) has released an update.
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ALS Ltd. reported a resilient financial performance in H1 FY25, with a 14% increase in underlying revenue driven by robust growth in Life Sciences, despite mixed market conditions affecting Commodities. The company faced challenges like unfavorable currency impacts and increased interest costs from recent acquisitions, leading to a slight decline in net profit. ALS’s strong balance sheet and strategic acquisitions position it well for future growth, supported by a solid dividend payout.
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