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Oldfields Holdings Ltd ( (AU:OLH) ) just unveiled an update.
Oldfields Holdings Limited reports a positive transformation in Q2 FY2025, following a strategic realignment initiated in June 2024. The company has exited its hire and service model on the East Coast, focusing on sales and distribution, which has led to improved financial performance, including positive NPAT and EBITDA for H1. Despite transitional costs and a product recall impacting cash flow, the company has achieved strong sales momentum and financial stability, positioning itself for sustained profitability and market growth in H2 FY2025.
More about Oldfields Holdings Ltd
Oldfields Holdings Limited operates in the sales and distribution industry, focusing on scaffold systems and paint products. The company has strategically realigned its operations, withdrawing from the hire and service model on the East Coast to concentrate on sales and distribution across South and Western Australia.
YTD Price Performance: -21.43%
Average Trading Volume: 48,565
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$11.72M
See more insights into OLH stock on TipRanks’ Stock Analysis page.