Qube Holdings Ltd. (AU:QUB) has released an update.
Qube Holdings Ltd. has delivered a robust financial performance for FY24, demonstrating its resilience with a 17.2% increase in underlying revenue to $3.5 billion and a significant rise in profits, with underlying NPATA climbing 13.2% to $271.2 million. The company’s strategic expansions and acquisitions have not only fueled earnings growth but are also expected to enhance future earnings and improve return on average capital employed. The recent acquisition of Colemans is set to further diversify Qube’s portfolio and contribute positively to its earnings per share.
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