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Future Generation Reports Robust H1 2024 Growth

Future Generation Australia Limited Stapled Security (AU:FGX) has released an update.

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Future Generation Australia Limited reported a strong financial performance for the first half of 2024, with revenues up by 17.1%, profit before tax increasing by 18.2%, and net profit after tax growing by 12.0%. The company announced a 2024 interim dividend of 3.5 cents per share, fully franked at 100% with a 30% tax rate, following a final dividend of 3.35 cents per share in 2023. Net Tangible Assets per share also saw an uptick, with a before-tax NTA of $1.35 in June 2024, compared to $1.33 at the end of 2023.

For further insights into AU:FGX stock, check out TipRanks’ Stock Analysis page.

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