SciDev Ltd ( (AU:SDV) ) just unveiled an update.
SciDev Ltd reported solid financial results for the first half of FY25, with revenue of $49.9 million and a 6% increase in underlying EBITDA. The company achieved strategic wins in Europe, securing contracts for PFAS treatment in Sweden and the UK, and expanded its presence in the US mining market through a joint venture. SciDev’s innovations in specialty chemistry have strengthened its position in the US Oil & Gas sector, with successful trials and new product developments. The company continues to leverage its expertise in water treatment, securing multiple contracts and field trials, which are expected to drive future growth.
More about SciDev Ltd
SciDev Ltd is a company operating in the water treatment and specialty chemicals industry. It focuses on providing solutions for water technologies, chemical services, and mining and construction sectors. The company has a significant presence in the European water treatment market and is expanding its footprint in the US mining market through strategic joint ventures.
YTD Price Performance: -18.10%
Average Trading Volume: 241,950
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$90.29M
For a thorough assessment of SDV stock, go to TipRanks’ Stock Analysis page.