Endeavour Group Ltd (AU:EDV) has released an update.
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Endeavour Group Ltd, a leading player in Australia’s drinks retail and hotel sectors, delivered resilient performance amidst challenging economic conditions in fiscal 2024. The company reported a 3.6% increase in sales but faced a slight dip in net profit due to rising finance costs. Despite not meeting financial expectations, Endeavour maintained its dividend payout and achieved market share growth, particularly in retail.
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