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Shriro Holdings Ltd. ( (AU:SHM) ) just unveiled an announcement.
Shriro Holdings Ltd. reported a revenue decline of 13.6% to $103.3 million for the year ended June 30, 2025, attributed to its strategic shift from wholesaling to importing BBQs in Australia and subdued discretionary spending affecting sales. Despite the revenue drop, the company achieved a 5.5% increase in EBITDA to $15.3 million, surpassing market guidance, and an 8.7% rise in NPAT to $7.5 million. The company also completed a $15.0 million share buy-back and paid $4.5 million in dividends, reflecting a strong balance sheet. The strategic transformation of its Australian Seasonal business and the appointment of Blaze Grills as a distributor in the USA are expected to positively impact future revenue and profits.
The most recent analyst rating on (AU:SHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Shriro Holdings Ltd. stock, see the AU:SHM Stock Forecast page.
More about Shriro Holdings Ltd.
Shriro Holdings Ltd. operates in the consumer goods industry, focusing on products such as BBQs and watches. The company has transitioned from being a wholesaler to an importer of BBQs in Australia and is involved in the distribution of premium BBQs in the USA through a partnership with Blaze Grills.
Average Trading Volume: 50,409
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$52.58M
For detailed information about SHM stock, go to TipRanks’ Stock Analysis page.