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Lynch Group Holding Ltd ( (AU:LGL) ) has issued an update.
Lynch Group Holdings Limited reported strong revenue growth in its Australian operations, particularly during major events like Mother’s Day, with a 6% increase in revenue year-to-date compared to FY24. In China, despite global trade uncertainties, the company saw a 16% revenue increase due to improved pricing and demand for floral products. The Group anticipates a 7% growth in overall revenue for FY25, with EBITDA projected between $42 million and $43 million, excluding certain costs. The company’s performance reflects resilience and strategic management in both markets, positioning it well for future growth.
The most recent analyst rating on (AU:LGL) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Lynch Group Holding Ltd stock, see the AU:LGL Stock Forecast page.
More about Lynch Group Holding Ltd
Lynch Group Holdings Limited is a leading vertically integrated wholesaler and grower of flowers and potted plants in Australia. The company focuses on supplying the Australian supermarket channel and has operations in China, where it deals with products like roses and tulips.
Average Trading Volume: 24,439
Technical Sentiment Signal: Buy
Current Market Cap: A$201.4M
For a thorough assessment of LGL stock, go to TipRanks’ Stock Analysis page.
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