tiprankstipranks
AMA Group Sees Strong Growth and Strategic Focus
Company Announcements

AMA Group Sees Strong Growth and Strategic Focus

Ama Group Limited (AU:AMA) has released an update.

Don't Miss our Black Friday Offers:

AMA Group Limited reports a promising fiscal year, achieving a remarkable 125.1% increase in normalised EBITDA, following a successful $125 million equity raise to strengthen its balance sheet. The company is focusing on profitable growth and plans to divest ACM Parts to concentrate on collision repair, enhancing relationships with insurance customers. With a leaner board and extended debt facilities, AMA Group is poised for future growth.

For further insights into AU:AMA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAMA Group Gains Strong Shareholder Support in AGM
TipRanks Australian Auto-Generated NewsdeskAMA Group Reports Strong Q1 Performance and Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App