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MLG Oz Ltd ( (AU:MLG) ) has issued an update.
MLG Oz Limited reported a robust financial performance for FY2025, with a 15.5% increase in revenue to $548.3 million and a 10% rise in net profit after tax to $12.1 million. The company achieved improved margins, particularly in the second half of the year, due to new contract wins and increased demand for its services. Despite the strong results, no dividend was declared for FY2025 as the company plans to reinvest in growth opportunities. The outlook for FY2026 remains positive, with expectations of sustained high demand and the impact of new projects initiated in FY2025.
The most recent analyst rating on (AU:MLG) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on MLG Oz Ltd stock, see the AU:MLG Stock Forecast page.
More about MLG Oz Ltd
MLG Oz Limited is an integrated mining services and resource asset management company. It focuses on delivering high-quality services and solutions to the mining industry, with a strong reputation for reliability and excellence in execution.
Average Trading Volume: 112,428
Technical Sentiment Signal: Buy
Current Market Cap: A$123.9M
Find detailed analytics on MLG stock on TipRanks’ Stock Analysis page.