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Codan Limited Reports Robust Half-Year Growth with Increased Revenue and Profit

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Codan Limited Reports Robust Half-Year Growth with Increased Revenue and Profit

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Codan Limited ( (AU:CDA) ) has issued an update.

Codan Limited has reported strong financial results for the half year ending December 31, 2024, with a 15% increase in revenue to $305.6 million and a 21% rise in profit after tax to $46.1 million. The company announced an interim dividend of 12.5 cents per share, reflecting its solid performance and commitment to shareholder returns.

More about Codan Limited

Codan Limited is a technology company that develops robust technology solutions aimed at addressing communications, safety, security, and productivity challenges, especially in harsh environments globally.

YTD Price Performance: 0.44%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.98B

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

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