tiprankstipranks
Inghams Group Ltd. Soars with Record FY24 Earnings
Company Announcements

Inghams Group Ltd. Soars with Record FY24 Earnings

Inghams Group Ltd. (AU:ING) has released an update.

Don't Miss our Black Friday Offers:

Inghams Group Ltd. reports a strong financial performance for FY24, with EBITDA climbing by 12.6% to $471.1 million and NPAT surging by 68% to $101.5 million, marking the highest earnings since the company’s 2016 listing. This growth is credited to a 2.8% increase in core poultry sales volume, improved margins, and effective cost control, despite inflationary pressures. Moreover, the company declared fully franked dividends of 20 cents per share, a 37.9% increase from the previous period.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskInghams Group Director Acquires Performance Rights
TipRanks Australian Auto-Generated NewsdeskInghams Group Unveils New Performance Rights Issuance
TipRanks Australian Auto-Generated NewsdeskInghams Group Ltd. Secures Strong Shareholder Support
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App