Lindsay Australia Maintains Growth Amid Challenges

Lindsay Australia Limited (AU:LAU) has released an update.

Lindsay Australia Limited reported a solid financial year despite challenges, achieving a record underlying EBITDA of $92.1 million, up 2.1% from the previous year. The company’s resilience was aided by positive metro operations in the Transport division and the successful integration of WB Hunter, although faced with tough trading conditions. Lindsay also declared a stable dividend and continues to invest in growth, maintaining a strong balance sheet with improved leverage and robust cash flows.

For further insights into AU:LAU stock, check out TipRanks’ Stock Analysis page.