GWA Group Limited (AU:GWA) has released an update.
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GWA Group Limited reported a slight increase in total revenue for the FY 2024, with a 0.4% rise to $413,492,000, but faced a 6.8% decrease in EBIT and a 10.4% drop in NPAT. Despite these challenges, the company recorded an improvement in normalized earnings, with a 5.4% increase in normalised EBIT and a 3.4% increase in NPAT from continuing operations. Moreover, they announced an increased dividend payout of 8 cents per share, signaling confidence in the company’s financial stability.
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