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Mitchell Services Limited ( (AU:MSV) ) has shared an update.
Mitchell Services Limited has reported a significant decline in its financial performance for the half-year ended December 31, 2024. The company experienced an 18% drop in revenue from continuing operations, a 37% decrease in EBITDA, and a swing to a loss after tax attributable to members, which fell by 108%. As a result, the company has decided not to declare an interim dividend. These results highlight challenges in the company’s operational performance, potentially impacting its market positioning and stakeholder confidence.
More about Mitchell Services Limited
Mitchell Services Limited operates in the mining services industry, providing drilling services as its primary product. The company focuses on servicing the mining and resources sector, offering comprehensive drilling solutions to its clients.
YTD Price Performance: 4.41%
Average Trading Volume: 212,347
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$75.37M
See more data about MSV stock on TipRanks’ Stock Analysis page.