Genesis Energy Limited (DE:1G6) has released an update.
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Genesis Energy Limited reported a dip in financial performance for FY24, with EBITDAF at $407.2m and Net Profit at $131.1m, attributed to gas supply issues and lower renewable output. Despite these challenges, the company is on track with its Gen35 strategy, including significant progress on renewable energy projects such as battery storage and solar power developments. The company remains committed to energy security and sustainability, evidenced by its ongoing investments and strategic developments.
For further insights into DE:1G6 stock, check out TipRanks’ Stock Analysis page.
