Johns Lyng Group Ltd (AU:JLG) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Johns Lyng Group Ltd reported a strong financial performance for FY24, with an impressive EBITDA growth of 20.2% in their Business as Usual segment and a total revenue of $1,158.9m. The company achieved a net profit after tax of $63.3m and forecasts a 15.1% revenue growth in FY25, attributing success to strategic acquisitions and organic growth. Despite a challenging economic climate, their diverse business model and expansion into the US market positions them confidently for future growth.
For further insights into AU:JLG stock, check out TipRanks’ Stock Analysis page.