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Avada Group Limited ( (AU:AVD) ) has provided an announcement.
AVADA Group Limited reported positive operating cash flows for the quarter ending June 2025, with a significant increase in net operating cash flow and cash reserves. The company is undergoing a strategic review of its New Zealand operations due to economic pressures, and has implemented operational efficiencies and system consolidations to enhance productivity. Additionally, AVADA continued its debt reduction strategy by repaying $3.4 million in debt, indicating a focus on financial stability.
More about Avada Group Limited
AVADA Group Limited is a prominent independent Australian traffic management operator and ancillary service provider, with a strong presence across Queensland, New South Wales, Victoria, and New Zealand. The company caters to government clients and major contractors within the civil infrastructure and maintenance sector.
Average Trading Volume: 37,875
Technical Sentiment Signal: Sell
Learn more about AVD stock on TipRanks’ Stock Analysis page.