Austin Engineering Limited ( (AU:ANG) ) has issued an update.
Austin Engineering Limited reported an 18.5% increase in revenue from continuing operations, reaching AUD 170.2 million for the six months ending December 31, 2024. However, the company experienced a decline in EBITDA by 10.2% and a 28.5% drop in profit from continuing operations after income tax, indicating challenges in maintaining profitability despite revenue growth. The interim dividend declared is 0.6 cents per share, fully franked, reflecting the company’s commitment to returning value to shareholders.
More about Austin Engineering Limited
Austin Engineering Limited operates in the engineering sector, focusing on providing innovative solutions and services primarily for the mining and resources industries. The company is known for its specialized equipment and services that cater to the needs of these sectors.
YTD Price Performance: -10.31%
Average Trading Volume: 5,682
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $171M
See more data about ANG stock on TipRanks’ Stock Analysis page.
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