Alfabs Australia Ltd. (AU:AAL) has released an update.
Alfabs Australia Ltd. has reported robust financial results for FY2024, surpassing Prospectus forecasts with a $97.0m sales figure, $19.8m EBITDA, and adjusted Net Profit After Tax of $6.9m, indicating a positive outlook for the company. The firm saw growth in engineering contracts, tightened markets for underground coal equipment hire, and record performance in ‘Bat Bags’ safety products. Looking ahead, Alfabs anticipates declaring its maiden dividend in March 2025, with expectations of distributing over 50% of its NPAT.
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