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Boom Logistics Enhances FY25 Outlook Amid Strong Project Growth

Story Highlights
  • Boom Logistics is a diversified lifting and logistics business in the renewables and industrial sectors.
  • Boom Logistics upgraded its FY25 guidance due to strong project activity and strategic execution.
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Boom Logistics Enhances FY25 Outlook Amid Strong Project Growth

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Boom Logistics Ltd ( (AU:BOL) ) has issued an update.

Boom Logistics Limited reports a strong performance for the first half of FY25, driven by increased project activity, particularly in the renewables and transmission line sectors. The company has upgraded its full-year FY25 guidance, reflecting improved margins and strategic execution. With a robust operational performance and significant contract wins, Boom Logistics is well-positioned for further growth and aims to achieve double-digit returns on net assets for shareholders.

More about Boom Logistics Ltd

Boom Logistics Limited is a diversified lifting and project logistics business primarily involved in servicing the renewables and industrial sectors, focusing on projects such as wind farms and transmission lines.

YTD Price Performance: 3.75%

Average Trading Volume: 721

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €34.84M

Learn more about BOL stock on TipRanks’ Stock Analysis page.

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