Capral Limited (AU:CAA) has released an update.
Capral Limited, Australia’s leading aluminium extruder and distributor, reported a solid performance for the first half of 2024, with a slight downturn in volume due to a softer residential housing market, counterbalanced by stable industrial demand. The company, which has a strong balance sheet enhanced by recent acquisitions, maintains its full-year earnings guidance and continues its share buy-back program. Despite current market challenges, Capral is committed to operational efficiency, product innovation, and sustainability, positioning itself for long-term shareholder value.
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