Dentsu (JP:4324) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Dentsu Group Inc. reports a turnaround with Q2 FY2024 net revenue growth of 11% year-over-year and a 47.9% increase in underlying operating profit, resulting in a 290 basis point improvement in operating margin to 11.5%. The company’s ‘One dentsu’ strategy contributed to growth across all regions, with an interim dividend of 69.75 yen per share announced and a reaffirmation of the full-year dividend projection of 139.50 yen per share. Despite an impairment loss affecting statutory net profit projections, Dentsu maintains a positive outlook with robust organic growth and effective cost management.
For further insights into JP:4324 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue