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Codan Limited ( (AU:CDA) ) just unveiled an update.
Codan Limited reported a robust financial performance for FY25, with a 22% increase in group revenue to $674.2 million and a 27% rise in net profit after tax to $103.5 million. The company’s communications and metal detection segments both saw significant growth, contributing to improved earnings and cash generation. Codan’s strategic focus on innovation and expansion, coupled with reduced net debt and increased financial flexibility, positions it well for future growth opportunities, particularly in the communications market.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$23.00 price target. To see the full list of analyst forecasts on Codan Limited stock, see the AU:CDA Stock Forecast page.
More about Codan Limited
Codan Limited, an Australian-based technology company, specializes in designing and manufacturing mission-critical communication solutions for global military, public safety, and commercial applications. The company is focused on innovation and expanding its capabilities in the communications sector, with a strong emphasis on defense customers.
Average Trading Volume: 338,898
Technical Sentiment Signal: Buy
Current Market Cap: A$4.4B
Learn more about CDA stock on TipRanks’ Stock Analysis page.