Coventry Group Limited (AU:CYG) has released an update.
Coventry Group Ltd announced a robust financial performance for FY24, with sales increasing by 3.4% to $370.8 million and underlying EBITDA jumping 22.4% to $20.8 million, marking the seventh consecutive year of growth. The company declared a higher final dividend of 3.75 cents per share and successfully acquired the Steelmasters Group. Despite some economic challenges, the company’s strategic focus on specialization and service excellence continues to drive growth.
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