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Lindsay Australia Limited Reports Revenue Growth and Profit Decline in 2024 Half-Year Results

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Lindsay Australia Limited Reports Revenue Growth and Profit Decline in 2024 Half-Year Results

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An update from Lindsay Australia Limited ( (AU:LAU) ) is now available.

Lindsay Australia Limited reported a 3.51% increase in revenues for the half-year ended 31 December 2024, reaching $427.8 million. However, the company’s profit after tax experienced a significant decline of 18.94%, dropping to $14.7 million. Despite this drop in profit, the company announced an interim dividend of 2.3 cents per share, slightly up from the previous period’s 2.1 cents. This financial performance may affect stakeholders’ perceptions and could signal operational challenges or shifts within the company’s market strategy.

More about Lindsay Australia Limited

Lindsay Australia Limited operates within the logistics and transport industry, primarily offering freight and logistics services across Australia. The company focuses on providing efficient and reliable transportation solutions to various market segments.

YTD Price Performance: -2.27%

Average Trading Volume: 298,161

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$270.8M

For an in-depth examination of LAU stock, go to TipRanks’ Stock Analysis page.

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