Midway Ltd (AU:MWY) has released an update.
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Midway Limited has reported a robust financial year for 2024, with a significant improvement in underlying EBITDA-S and NPAT, along with a strong balance sheet featuring a net cash position. The Australian woodfibre export and plantation carbon management company also announced special dividends, reflecting its strategic progress and operational enhancements. Shareholders can anticipate a 14.5 cents per share special dividend and a 1.6 cents per share ordinary dividend, demonstrating Midway’s commitment to returning value to its investors.
For further insights into AU:MWY stock, check out TipRanks’ Stock Analysis page.
