Johns Lyng Group Ltd ( (AU:JLG) ) has provided an announcement.
Johns Lyng Group Limited reported its financial results for the first half of 2025, showing total sales revenue of $573.1 million and an EBITDA of $54.2 million. Despite facing challenges such as benign weather conditions in Australia and project delays in the US, the company has adjusted its FY25 guidance, anticipating a slight decrease in revenue and EBITDA. The Group has implemented a cost-reduction program and made strategic acquisitions to strengthen its market position. Recent severe weather events have increased insurance claims, providing new opportunities for growth. The company remains focused on long-term growth and value for shareholders, supported by expanded insurer partnerships and strategic initiatives.
More about Johns Lyng Group Ltd
Johns Lyng Group Limited operates within the construction and insurance services industry, focusing on building and restoration services. The company is known for its work in insurance building and restoration services, particularly in response to catastrophic events, and has a significant presence in both Australia and the United States.
YTD Price Performance: 1.87%
Average Trading Volume: 844,487
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.07B
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