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Avada Group Limited ( (AU:AVD) ) has issued an announcement.
AVADA Group Limited’s 2025 Annual General Meeting highlighted a year of consolidation and transformation despite challenging market conditions. The company integrated eleven Australian businesses into a single operating platform under the AVADA Traffic brand, enhancing safety, streamlining processes, and reducing costs. Despite a 10.5% decline in revenue and a statutory net loss after tax of $15.6 million, the company undertook strategic reviews and leadership changes to address performance declines, particularly in New Zealand. The market outlook remains positive with planned infrastructure investments, positioning AVADA as a leader in the traffic management industry, although challenges such as project delays and weather disruptions persist.
More about Avada Group Limited
AVADA Group Limited is a leading independent Australian traffic management operator and ancillary service provider with a well-established network throughout Queensland, New South Wales, Victoria, and New Zealand. The company provides services to government clients and major contractors in the civil infrastructure and maintenance sector.
Average Trading Volume: 21,813
Technical Sentiment Signal: Sell
Current Market Cap: A$14.44M
See more insights into AVD stock on TipRanks’ Stock Analysis page.