Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Beacon Lighting Group Ltd ( (AU:BLX) ).
Beacon Lighting Group Ltd reported a 2.6% increase in group sales to $252.2 million for H1 FY2025, with a significant 50.6% rise in online sales. The company achieved a 38.5% increase in net profit after tax (NPAT) to $22.2 million, supported by strategic initiatives such as the sale and leaseback of the Parkinson Distribution Centre and acquisitions of stores in Western Australia and Victoria. The company also closed Beacon Energy Solutions and strengthened its financial position with a strong net cash position.
More about Beacon Lighting Group Ltd
Beacon Lighting Group Ltd operates in the lighting industry, focusing on retail and design services. The company offers a range of lighting products and solutions, catering to both consumer and commercial markets.
YTD Price Performance: 13.11%
Average Trading Volume: 68,003
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$785.7M
For detailed information about BLX stock, go to TipRanks’ Stock Analysis page.