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An announcement from Codan Limited ( (AU:CDA) ) is now available.
Codan Limited reported a successful financial year in FY25, with a 22% growth in group revenues and significant increases in EBIT and NPAT. The Communications business, including Zetron and DTC, saw a 26% rise in revenues, while Minelab achieved a 16% increase in revenue, driven by high gold prices and expanded distribution channels. The company remains committed to its three-pillar strategy focusing on business development, core business strengthening, and capital allocation for growth, highlighted by the acquisition of Kägwerks, enhancing its position in the U.S. defense ecosystem.
The most recent analyst rating on (AU:CDA) stock is a Buy with a A$33.00 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 is a technology company that develops robust technology solutions aimed at addressing communication, safety, security, and productivity challenges in harsh environments globally.
Average Trading Volume: 439,992
Technical Sentiment Signal: Buy
Current Market Cap: A$6.1B
For an in-depth examination of CDA stock, go to TipRanks’ Overview page.