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Smartgroup Corporation Ltd ( (AU:SIQ) ) has shared an announcement.
Smartgroup Corporation Ltd reported a strong financial performance for the first half of 2025, with a 12% increase in NPATA to $38.1 million and a 7% rise in revenue to $159.1 million. The company achieved significant growth in novated leasing settlements and saw a substantial increase in electric vehicle lease orders, reflecting its strategic focus on digital marketing and customer service enhancement. The company’s robust cash flow and low net debt position allowed for an 11% increase in interim dividends, highlighting its solid financial health and commitment to shareholder returns.
The most recent analyst rating on (AU:SIQ) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd is a leading provider of employee services and fleet solutions. The company focuses on salary packaging, novated leasing, and fleet management, catering to a diverse range of clients and industries.
Average Trading Volume: 357,222
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.09B
See more data about SIQ stock on TipRanks’ Stock Analysis page.