The latest update is out from Acrow Formwork and Construction Services Limited ( (AU:ACF) ).
Acrow Limited reported a 25% increase in revenue from ordinary activities for the half-year ended December 2024 compared to the previous year. However, the net profit after tax attributable to members decreased by 24%, primarily due to a significant rise in share-based payments and costs. Despite the decline in net profit, the company’s net tangible assets per share increased by 8%, and it announced a fully franked interim dividend of 2.90 cents per share, reflecting its commitment to returning value to shareholders.
More about Acrow Formwork and Construction Services Limited
Acrow Formwork and Construction Services Limited operates in the construction industry, providing formwork and construction services. The company focuses on delivering innovative solutions for construction projects, catering to a diverse market that includes infrastructure, commercial, and residential sectors.
YTD Price Performance: 7.81%
Average Trading Volume: 1,439
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €217.9M
See more insights into ACF stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com