An update from Latitude Group Holdings Ltd. ( (AU:LFS) ) is now available.
Latitude Group Holdings Ltd. reported significant progress in 2024, with a 139% increase in Cash NPAT to $65.9 million, driven by strategic initiatives and favorable economic conditions. The company reinstated a dividend and anticipates continued growth in 2025, supported by interest rate cuts and ongoing strategic initiatives. The board remains committed to optimizing operations and enhancing shareholder value, with leadership changes and a focus on sustainability and compliance with new regulations.
More about Latitude Group Holdings Ltd.
Latitude Group Holdings Ltd. operates in the financial services industry, focusing on credit cards and personal lending primarily in Australia and New Zealand.
YTD Price Performance: 2.68%
Average Trading Volume: 31,458
Technical Sentiment Signal: Sell
Current Market Cap: A$1.2B
Find detailed analytics on LFS stock on TipRanks’ Stock Analysis page.