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GWA Group Limited ( (AU:GWA) ) has shared an update.
GWA Group Limited reported its financial results for the half year ending December 31, 2024, showing a slight increase in total revenue from ordinary activities by 1.9% to $209.87 million. However, EBIT and NPAT from ordinary activities decreased by 4.3% and 7.2%, respectively. The company highlights a normalised EBIT increase of 3.2% and a normalised NPAT increase of 1.6% from continuing operations. An interim dividend of 7.5 cents per share, fully franked, was declared, reflecting a steady return to shareholders despite the mixed financial performance. The results indicate a stable yet challenging environment for GWA, with an emphasis on strategic investments in digital platforms and resource planning to bolster future performance.
More about GWA Group Limited
GWA Group Limited operates in the building fixtures and fittings industry, focusing on products such as bathroom and kitchen fixtures. The company serves primarily the Australian market, with a focus on innovation and design.
YTD Price Performance: 4.96%
Average Trading Volume: 154,396
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$673.6M
For a thorough assessment of GWA stock, go to TipRanks’ Stock Analysis page.
