Kelsian Group Limited (AU:KLS) has released an update.
Kelsian Group Limited has reported a record-breaking financial year in FY24, with a 42.2% increase in revenue to $2,016.8 million and a 63.9% rise in underlying EBITDA to $265.4 million, thanks in part to the full year inclusion of All Aboard America! Holdings, Inc. and new Sydney contracts. The company’s statutory net profit surged by 176.2% to $58.0 million, and shareholders were rewarded with a fully franked final dividend of 9.5 cents per share. Kelsian’s balance sheet remains strong, with low leverage and high interest cover, backed by robust operating cash flow and smart investments, including the acquisition of 49 Battery-Electric buses.
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