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Coventry Group’s H1 FY25 Results Affected by ERP Implementation

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Coventry Group’s H1 FY25 Results Affected by ERP Implementation

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Coventry Group Limited ( (AU:CYG) ) has issued an announcement.

Coventry Group Limited reported its H1 FY25 financial results, highlighting the impact of the D365 ERP system implementation on performance. The company’s sales remained stable at $185.2 million, with EBIT and EBITDA reflecting minimal change compared to the previous year. However, the company experienced a slight increase in statutory net loss, showcasing the challenges faced during this period.

More about Coventry Group Limited

Coventry Group Limited operates in fragmented markets, offering significant organic opportunities. It is involved in providing various products and services tailored to these market segments.

YTD Price Performance: -17.07%

Average Trading Volume: 65,077

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$121.7M

See more insights into CYG stock on TipRanks’ Stock Analysis page.

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