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Boom Logistics Ltd ( (AU:BOL) ) has issued an update.
Boom Logistics Limited reported a strong financial performance for the third quarter of FY25, driven by increased activity in wind farm projects and tight cost management. The company achieved a revenue of $65 million for the quarter, with significant improvements in EBITDA and NPAT. Boom is on track with its strategic initiatives, securing over $35 million in new contracts and maintaining a robust revenue pipeline. The company is committed to delivering sustainable returns to shareholders and has paused its share buy-back program after reaching its target.
More about Boom Logistics Ltd
Boom Logistics Limited is a diversified lifting and project logistics business focusing on the renewables sector, particularly wind farm and transmission line projects. The company is expanding its presence in the resources and infrastructure sectors, aiming to provide exceptional service to both new and existing customers.
YTD Price Performance: 4.97%
Average Trading Volume: 338
Technical Sentiment Signal: Buy
Current Market Cap: €35.81M
For detailed information about BOL stock, go to TipRanks’ Stock Analysis page.