Kelsian Group Limited ( (AU:KLS) ) has issued an update.
Kelsian Group Limited reported a 9.1% increase in revenue to $1,071.8 million for the first half of FY25, with an underlying EBITDA of $132.2 million. Despite a decline in net profit and earnings per share, the company maintained strong cash conversion and announced a fully franked interim dividend. Key operational highlights include the successful launch of the Bankstown Rail Replacement service and several contract renewals, securing substantial revenue over the next decade. The company also announced a capital management framework aimed at maximizing shareholder returns and sustaining its portfolio, with plans to reduce leverage and increase free cash flow as capital investments peak.
More about Kelsian Group Limited
Kelsian Group Limited operates in the transportation and tourism industry, offering services such as bus and ferry operations. The company focuses on long-term service contracts and has a presence in markets like the USA, UK, and Australia, with a significant emphasis on defensive contracts and cost base protection.
YTD Price Performance: 1.64%
Average Trading Volume: 536,722
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.01B
For detailed information about KLS stock, go to TipRanks’ Stock Analysis page.