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IPD Group Ltd ( (AU:IPG) ) has shared an update.
IPD Group Limited has announced its earnings guidance for the financial year ending June 2025, projecting a slight decrease in EBITDA and EBIT compared to the previous year’s pro forma results. Despite challenges in the commercial construction sector and project delays, the company anticipates revenue growth across its core business, CMI’s Minto Plugs, and EX Engineering. Data centre revenues have notably increased by 25%, and the company maintains strong cash flow conversion, allowing for a $10 million debt repayment. IPD continues to adapt to market conditions with strategic investments in its cost base, positioning itself for future growth.
The most recent analyst rating on (AU:IPG) stock is a Buy with a A$5.50 price target. To see the full list of analyst forecasts on IPD Group Ltd stock, see the AU:IPG Stock Forecast page.
More about IPD Group Ltd
IPD Group Limited is a provider of electrical solutions focused on energy management and automation. The company is committed to enhancing electrical infrastructure with a focus on energy efficiency, automation, and secure connectivity, prioritizing safety and wellbeing. IPD plays a significant role in the electrification and decarbonization of the economy, contributing to a cleaner and interconnected future.
Average Trading Volume: 157,201
Technical Sentiment Signal: Sell
Current Market Cap: A$355.7M
See more data about IPG stock on TipRanks’ Stock Analysis page.