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The latest update is out from Locality Planning Energy Holdings Limited ( (AU:LPE) ).
LPE has reported being cashflow positive for the half-year ending December 2024, having reduced its borrowings significantly. The company has been selected to provide energy solutions for Queensland’s largest social and affordable housing development in Cairns, which aligns with its strategic plan to become an industry leader in providing local energy solutions. LPE’s strategic outlook includes improving customer satisfaction, expanding energy offerings, and strengthening its market presence in the social housing sector. The company also made early debt repayments and continued a share buyback program, indicating a focus on strengthening its financial position.
More about Locality Planning Energy Holdings Limited
Locality Planning Energy Holdings Limited (LPE) is an embedded electricity provider focused on delivering energy solutions. The company is actively involved in providing embedded network management, smart metering, solar, and hot water infrastructure, with a significant market focus on social and affordable housing developments.
YTD Price Performance: -3.33%
Average Trading Volume: 82,805
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$26.42M
See more insights into LPE stock on TipRanks’ Stock Analysis page.
