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Lycopodium Limited ( (AU:LYL) ) has issued an update.
Lycopodium Limited has reported a 6% decline in revenue for the half-year ending December 2024, along with a 16% drop in profit after tax attributable to members, reflecting a challenging market environment. The company has also announced a significant reduction in its interim dividend payout to 10.0 cents per share from 37.0 cents per share in the previous year, which may impact shareholder returns and indicate a cautious financial strategy going forward.
More about Lycopodium Limited
Lycopodium Limited operates in the engineering and project management industry, providing a range of technical services to resource and infrastructure sectors.
Average Trading Volume: 500
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $283.5M
See more insights into LYL stock on TipRanks’ Stock Analysis page.
