Lynch Group Holding Ltd (AU:LGL) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lynch Group Holdings Limited reports modest revenue growth in their full year results, with a 1% increase to $397.7m despite challenging conditions in China offsetting strong domestic performance in Australia. The company saw a significant decline in EBITDA and NPATA, with Australia showing resilience in the floral market and a strong supermarket channel presence. A final dividend of 8 cents for FY24 was declared, contributing to a total annual dividend of 12 cents.
For further insights into AU:LGL stock, check out TipRanks’ Stock Analysis page.