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An update from Codan Limited ( (AU:CDA) ) is now available.
Codan Limited responded to a query from ASX regarding significant movements in its stock price and trading volume following the release of its FY25 results. The company confirmed that its Communications division exceeded its revenue growth expectations, achieving over 15% growth, partly due to the acquisition of Kägwerks. This performance was in line with market forecasts and analyst expectations, indicating strong operational execution and strategic alignment.
The most recent analyst rating on (AU:CDA) stock is a Hold with a A$29.60 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 operates in the technology sector, specializing in communications solutions. The company focuses on organic revenue growth within its Communications division and has expanded its capabilities through acquisitions like Kägwerks.
YTD Price Performance: 93.37%
Average Trading Volume: 397,830
Technical Sentiment Signal: Buy
Current Market Cap: A$5.62B
See more data about CDA stock on TipRanks’ Stock Analysis page.