WAM Global Ltd. ( (AU:WGB) ) has issued an update.
WAM Global Limited reported a decrease in its investment portfolio performance in February 2025, aligning with global equity market trends. The company highlighted the positive impact of European live events ticketing company CTS Eventim, which exceeded market expectations with significant revenue and EBITDA growth. Conversely, Quanta Services, a North American infrastructure services provider, faced challenges due to market concerns over infrastructure spending and renewable energy policies. Despite these challenges, Quanta Services reported strong financial results and an increased order backlog, indicating potential sustained growth. WAM Global declared a fully franked interim dividend of 6.5 cents per share and a special dividend of 4.0 cents per share, reflecting its commitment to shareholder returns.
More about WAM Global Ltd.
WAM Global Limited is an investment company focusing on undervalued growth companies worldwide. It operates in the financial services industry, primarily dealing with investment portfolios and related financial products.
YTD Price Performance: 8.07%
Average Trading Volume: 283,535
Technical Sentiment Consensus Rating: Sell
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