Hansen Technologies Reports Solid Growth Amidst Acquisition
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Hansen Technologies Reports Solid Growth Amidst Acquisition

Hansen Technologies Limited (AU:HSN) has released an update.

Hansen Technologies Limited reports a robust 13.2% increase in operating revenue, climbing to $353.1m for FY24, with its core business (excluding powercloud) seeing an 11% growth in Underlying Cash EBITDA. Despite the costs associated with the powercloud acquisition and significant inflation pressures, the company’s diversified revenue streams contributed to overall strong performance, including a 7.3% rise in core business revenue. The company remains optimistic about future growth and innovation, underpinned by a resilient business model and strategic acquisitions.

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

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