EarningsAnalyst maintains a BUY recommendation and increases the price target to $3.46/share based on increasing confidence in stronger than expected short term earnings and longevity of Searipple.
Financial PerformanceCommunity Solutions outperformed with $39m EBIT v our expectation of $37m.
Revenue GrowthRepeatable revenue for Building Solutions grew to 83% of revenue v 74% in FY24.