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The latest announcement is out from IRESS Limited ( (AU:IRE) ).
Iress Limited, having completed an 18-month transformation program, reported significant financial improvements for FY24, including a 25.2% increase in Adjusted EBITDA and a 72.4% rise in underlying earnings per share. The company has streamlined its operations by selling non-core businesses, resulting in improved efficiency and a focus on performance and accountability. Iress also reinstated its dividend, reflecting confidence in its financial health. Despite these advancements, the company acknowledges the ongoing journey to enhance customer relationships and product offerings, balancing customer satisfaction with shareholder returns.
More about IRESS Limited
Iress Limited is a company operating in the wealth software industry with a significant focus on trading and market data. The company has undergone a transformation to streamline its operations, focusing on core services and divesting non-core businesses, aiming to enhance financial discipline and customer relationships.
YTD Price Performance: -19.71%
Average Trading Volume: 154
Technical Sentiment Signal: Buy
Current Market Cap: €829.7M
See more insights into IRE stock on TipRanks’ Stock Analysis page.
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