Simonds Group Ltd. (AU:SIO) has released an update.
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Simonds Group Ltd. has reported a substantial financial turnaround in FY24, achieving a remarkable $34.7 million EBITDA improvement. This growth stems from strategic diversification initiatives and a strong focus on operational efficiency, despite ongoing market challenges. As the company celebrates its 75th anniversary, it remains committed to delivering diverse housing solutions and fostering community development across Australia.
For further insights into AU:SIO stock, check out TipRanks’ Stock Analysis page.