tiprankstipranks
Company Announcements

DGL Group Limited Shifts Focus Amidst Revenue Growth and Operational Challenges

Story Highlights
DGL Group Limited Shifts Focus Amidst Revenue Growth and Operational Challenges

DGL Group Limited ( (AU:DGL) ) just unveiled an announcement.

DGL Group Limited reported a 10.2% increase in sales revenue for H1 FY25, driven by strong demand in manufacturing, despite facing challenges in the mining sector and lead acid battery recycling market. The company is undergoing a strategic shift to focus on operational improvements and cost reductions, aiming to enhance profitability and reduce debt, with significant restructuring initiatives expected to yield benefits in FY26.

More about DGL Group Limited

DGL Group Limited is a leading provider of chemical logistics and services to essential industries in Australia and New Zealand. The company focuses on serving a diverse customer base with a comprehensive suite of assets and capabilities, particularly in the manufacturing and crop protection sectors.

YTD Price Performance: -8.77%

Average Trading Volume: 177,616

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$148.3M

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

Questions or Comments about the article? Write to editor@tipranks.com
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
1