Supply Network Limited (AU:SNL) has released an update.
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Supply Network Limited has reported strong financial results for 2024, with sales surpassing $300 million and a profit margin of 10.9%, resulting in a $33 million profit after tax. The company declared fully franked dividends up by 16.6% and saw an 83% uptake in its dividend reinvestment plan, positioning it well for future growth. With ongoing network expansions and a new leadership transition, Supply Network Limited anticipates steady revenue growth and further operational advancements in the coming year.
For further insights into AU:SNL stock, check out TipRanks’ Stock Analysis page.