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LGI LTD ( (AU:LGI) ) has provided an update.
LGI Limited reported steady financial performance for the first half of FY25, with a 7% increase in total revenue to $16.9 million and a 3% rise in EBITDA to $7.3 million. The company successfully expanded its renewable energy generation capacity, particularly at its Canberra power station, and secured several new contracts with regional councils, which reinforce its strategic focus on increasing flexible electricity capacity and strengthening its market position.
More about LGI LTD
LGI Limited operates in the clean energy sector, focusing on landfill gas management and renewable energy generation. The company is committed to reducing carbon emissions through innovative solutions like gas management systems, renewable energy production, and battery storage, targeting domestic landfill owners and expanding its electricity market footprint.
YTD Price Performance: 0.67%
Average Trading Volume: 26,749
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$266.4M
See more data about LGI stock on TipRanks’ Stock Analysis page.
