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Saferoads Holdings Limited ( (AU:SRH) ) has shared an update.
Saferoads Holdings Limited reported a slight decrease in total revenue to $3,334k for the December 2024 quarter, alongside a notable reduction in debt. The company is in the final stages of selling its Road Safety Rentals business and has gained necessary approvals for a new crash barrier product in Victoria. Additionally, it continues to receive support from its primary bankers, with facilities extended until the completion of the business sale.
More about Saferoads Holdings Limited
Saferoads Holdings Limited operates in the road safety industry, providing products and services aimed at enhancing safety on roads and highways. The company focuses on developing innovative solutions such as crash barriers and has a market presence in major road construction projects.
YTD Price Performance: 2.50%
Average Trading Volume: 2,493
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.79M
Find detailed analytics on SRH stock on TipRanks’ Stock Analysis page.