Globe International Limited (AU:GLB) has released an update.
Globe International Limited reported a significant increase in profitability for FY24, with EBIT up $12.4 million, driven by strong performance across all core brands and international markets. Revenue, however, saw a decrease due to the normalization of the hardgoods cycle. The company announced an increased fully franked dividend of $0.22 per share, reflecting confidence in its financial health and strategic initiatives.
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