Laserbond Limited (AU:LBL) has released an update.
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LaserBond Limited has experienced a year of strategic growth with investments in capacity and capabilities, including a key acquisition in Western Australia and progression towards North American expansion. Despite moderate revenue growth, with full consolidation of Gateway’s revenue, the figure would have reached $56.6 million in 2024. Challenges such as increased employee costs and a higher tax rate due to the Gateway acquisition impacted financial performance, but the company remains focused on long-term technical and commercial success.
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