Propel Funeral Partners Ltd. (AU:PFP) has released an update.
Propel Funeral Partners Ltd. reported a 24.2% increase in revenues to $209.2 million for FY24, despite a 6.3% decrease in profits to $17.8 million, attributed to lower industry death volumes, higher interest expenses, and acquisition costs. Net tangible assets per share increased significantly from 88.68 cents to 118.90 cents. The company announced a final dividend of 7.20 cents per share, maintaining a 100% franked status.
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