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Elders Limited Reports Sharp Decline in Profits and Dividends

Elders Limited Reports Sharp Decline in Profits and Dividends

Elders Limited (AU:ELD) has released an update.

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Elders Limited has reported a significant decrease in its financial performance for the year ending September 30, 2024, with profits dropping 55% to $45.1 million and revenue down 6%. The company has also reduced its total dividend from 46 cents to 36 cents per security. This downturn reflects challenges in the market environment, impacting investor returns.

For further insights into AU:ELD stock, check out TipRanks’ Stock Analysis page.

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