tiprankstipranks
ARB Corporation Announces Strong FY2024 Growth
Company Announcements

ARB Corporation Announces Strong FY2024 Growth

ARB Corporation Limited (AU:ARB) has released an update.

Don't Miss our Black Friday Offers:

ARB Corporation Limited has reported a robust financial performance for FY2024, with sales revenue rising by 3.3% to reach $693.2 million and substantial growth in profit before tax, up 17.1% from the previous year, excluding specific one-off adjustments. After-tax profits saw an 18.1% increase, with overall reported after-tax profits climbing by 16.1%. The company also announced a 11.3% hike in annual dividends to shareholders, now totaling 69.0 cents per share, fully franked.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskARB Corporation Gains New Substantial Holder
TipRanks Australian Auto-Generated NewsdeskBennelong Adjusts Holdings in ARB Corporation
TipRanks Australian Auto-Generated NewsdeskARB Corporation Gains New Substantial Holder
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