Duratec Limited (AU:DUR) has released an update.
Duratec Limited has reported a notable increase in revenue and net tangible asset per share for the fiscal year 2024, alongside the announcement of a new dividend payment strategy. The company has acquired A&B Welding Pty Ltd, expanding its service offerings, and has implemented a Dividend Reinvestment Plan for shareholders in Australia and New Zealand. Additionally, Duratec has declared a fully franked final dividend of 2.5 cents per share to be paid in October 2024.
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