Saunders International Limited (AU:SND) has released an update.
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Saunders International Limited has announced robust financial results for FY24, revealing a 7.6% increase in revenue to $216.1 million and an impressive 17.7% rise in adjusted EBITDA to $21.3 million. The company boasts a strong balance sheet with cash reserves up by 54.7% and a record project pipeline valued at $2 billion, reflecting a 25% growth from the previous year. Despite a slight dip in net profit after tax, Saunders has declared a higher annual dividend of 4.25 cents per share and is poised for continued growth and expansion in key markets.
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