Lynch Group Reports Growth Amidst Challenges

Lynch Group Holding Ltd (AU:LGL) has released an update.

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.

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