The latest announcement is out from Avjennings Limited ( (AU:AVJ) ).
AVJennings Limited reported a 14% decline in Profit Before Tax to $3.6 million for the first half of 2025, despite a 20% increase in lot settlements and a 9% rise in revenue to $131.4 million. The company faced challenges such as a decrease in contract signings and gross margin percentage, attributed to macroeconomic factors and cost escalations. However, the operational commencement of the Pro9 factory and strategic capital management initiatives position AVJennings to capitalize on a potential market recovery. With ongoing discussions regarding potential acquisitions and a focus on built-form housing, AVJennings aims to enhance its market positioning and meet evolving customer demands.
More about Avjennings Limited
AVJennings Limited is a company operating in the real estate industry, focusing on residential property development. It primarily engages in the development and sale of land, apartments, and built-form housing across various regions, with a market focus on providing turnkey housing solutions.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €96.74M
For an in-depth examination of AVJ stock, go to TipRanks’ Stock Analysis page.