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Coventry Group Limited Reports Stable Half-Year Results Amid Strategic Growth Initiatives

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Coventry Group Limited Reports Stable Half-Year Results Amid Strategic Growth Initiatives

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The latest update is out from Coventry Group Limited ( (AU:CYG) ).

Coventry Group Limited reported its 2025 half-year results, showing stable sales at $185.2 million and a slight increase in underlying EBITDA to $9.9 million. Despite a statutory net loss impacted by ERP project costs, Coventry Group is optimistic about future sales growth, citing the performance of its recent acquisition, Steelmasters, and successful organic growth efforts. With the ERP upgrade largely completed, the company is focused on expanding its market share through strategic initiatives, although it decided not to declare an interim dividend.

More about Coventry Group Limited

Coventry Group Limited operates in multi-billion-dollar fragmented markets, focusing on trade distribution and fluid systems. The company offers a strong value proposition through its products and services, and aims to increase market share through new branch openings, refurbishments, and business development.

YTD Price Performance: -17.07%

Average Trading Volume: 65,077

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$121.7M

See more data about CYG stock on TipRanks’ Stock Analysis page.

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