G.U.D. Holdings (AU:AOV) has released an update.
Amotiv Limited (previously GUD Holdings Ltd) reports a solid financial performance with a 7.7% revenue increase to $987.2 million, attributed to organic growth and strategic acquisitions. The company’s underlying EBITA rose by 5% to $194.6 million, while a strong cash conversion and debt reduction aligned with targets, setting a promising outlook for dividends with a full year dividend rise to 40.5 cents per share. These results showcase the company’s resilience and effective expansion into new markets.
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