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The latest announcement is out from Qube Holdings Ltd. ( (AU:QUB) ).
Qube Holdings Ltd. reported a strong performance for the first half of FY25, with a 28.4% increase in underlying revenue to $2.09 billion and a 14% rise in EBITA to $178.8 million. Despite challenges such as industrial actions and delayed projects, Qube’s diversification strategy allowed it to offset disruptions and maintain resilience. The company saw significant growth in grain trading and increased its market share in NSW grain exports. While some safety metrics declined, the company launched a new safety initiative, ‘BE Safe,’ to promote better safety practices. Qube increased its interim dividend by 2.5% and expects continued growth in full-year underlying NPATA and EPSA.
More about Qube Holdings Ltd.
Qube Holdings Ltd. is a diversified logistics and infrastructure company based in Sydney, Australia. It operates as a major player in the logistics sector, particularly focusing on grain exports, ports, and bulk operations. The company leverages its extensive assets, systems, and networks to enhance its market positioning, especially in New South Wales.
YTD Price Performance: 3.36%
Average Trading Volume: 257
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €4.42B
For detailed information about QUB stock, go to TipRanks’ Stock Analysis page.