GWA Group Limited (AU:GWA) has released an update.
GWA Group Limited has reported a resilient financial performance for FY24, with a 3.4% rise in normalized net profit despite tough market conditions, particularly in New Zealand. The company’s strategy led to a 2.1% volume growth and a 5.4% increase in normalized EBIT, alongside a strong cashflow generation. Shareholders will benefit from a 15% hike in the annual dividend, reflecting GWA’s robust financial position and commitment to delivering shareholder value.
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