COG Financial Services Limited (AU:COG) has released an update.
COG Financial Services Limited reports a modest 2% increase in underlying profit to $24.2 million for FY24, maintains dividends at 8.4 cents per share, and highlights a 15% growth in Net Assets Financed. The company’s Novated Leasing segment shows exceptional performance, with significant organic growth and strategic acquisitions bolstering its market presence. COG’s emphasis on expansion through acquisitions and organic growth is set to continue, underpinned by a strong balance sheet.
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