Diploma (GB:DPLM) has released an update.
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Diploma PLC reported significant financial growth for the year ending September 2024, with a 14% increase in revenue and a 20% rise in adjusted operating profit. The company’s strategic acquisitions and effective capital allocation have driven strong returns, while maintaining a robust free cash flow conversion rate of 101%. The firm also announced a 5% increase in dividends, reflecting its positive outlook and commitment to shareholder value.
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