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Babylon Pump & Power Ltd ( (AU:BPP) ) just unveiled an update.
Babylon Pump & Power Limited reported strong financial results for the first half of FY25, with significant improvements in profitability and cash generation. The company’s EBITDA reached $3.0M, and it expects further revenue growth in the second half due to high demand for test pumping services and new rental projects. The firm is benefiting from increased operational discipline and has secured key contracts, such as an extension with Rio Tinto. Babylon’s financial position has strengthened, with restructured loan facilities and available finance, supporting continued growth and potential acquisitions.
More about Babylon Pump & Power Ltd
Babylon Pump & Power Limited is a specialist resources services provider operating in the mining services sector. The company focuses on specialty rental capabilities, including hybrid power units and sprayer-less evaporators, that support emission reduction goals. With a strong presence in maintenance services, Babylon emphasizes operational efficiencies and growth in rental assets.
Current Market Cap: €7.57M
For detailed information about BPP stock, go to TipRanks’ Stock Analysis page.
