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An announcement from Big River Industries Ltd. ( (AU:BRI) ) is now available.
Big River Industries Ltd. faced a challenging year with slowed residential activity but showed signs of stabilization in the second half, maintaining margins and managing costs effectively. The company declared a final dividend of two cents per share and suspended its Dividend Reinvestment Plan due to low participation. Looking forward, Big River is poised to capitalize on emerging opportunities, particularly in Queensland, with a more efficient cost base and experienced leadership. The company also announced board changes, welcoming Alexander Beard as a new director.
The most recent analyst rating on (AU:BRI) stock is a Buy with a A$1.82 price target. To see the full list of analyst forecasts on Big River Industries Ltd. stock, see the AU:BRI Stock Forecast page.
More about Big River Industries Ltd.
Big River Industries Ltd. operates in the manufacturing sector, focusing on trade customers with a diverse geographical and sectoral footprint. The company invests in higher-value, specialized products and is positioned to benefit from market recovery.
Average Trading Volume: 71,676
Technical Sentiment Signal: Hold
Current Market Cap: A$122.6M
Learn more about BRI stock on TipRanks’ Stock Analysis page.