ARB Corporation Announces Strong FY2024 Growth

ARB Corporation Limited (AU:ARB) has released an update.

ARB Corporation Limited has reported a robust financial performance for FY2024, with sales revenue rising by 3.3% to reach $693.2 million and substantial growth in profit before tax, up 17.1% from the previous year, excluding specific one-off adjustments. After-tax profits saw an 18.1% increase, with overall reported after-tax profits climbing by 16.1%. The company also announced a 11.3% hike in annual dividends to shareholders, now totaling 69.0 cents per share, fully franked.

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