Enero Group Limited (AU:EGG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Enero Group Limited has reported a year-on-year like-for-like net profit increase of 7% for FY24, despite a 6% decline in net revenue and a 10% reduction in EBITDA. Strong performance from Australian agencies BMF and Orchard contributed to this profit growth, alongside effective cost management initiatives. The company anticipates further benefits from these initiatives in FY25.
For further insights into AU:EGG stock, check out TipRanks’ Stock Analysis page.