Humm Group Reports Strong FY24 Growth Amid Challenges

Humm Group Limited (AU:HUM) has released an update.

Humm Group Limited reported strong financial performance in the second half of FY24, driven by growth in both consumer and commercial sectors, despite facing inflationary pressures and competitive challenges. The company is expanding its presence in the UK and refocusing efforts in Canada, while maintaining a solid balance sheet and rewarding shareholders with a fully franked dividend. Humm Group’s strategic initiatives, including a share buyback and capital deployment, aim to enhance shareholder value and sustain growth in local and international markets.

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