Lynch Group Reports Growth Amidst Challenges
Company Announcements

Lynch Group Reports Growth Amidst Challenges

Lynch Group Holding Ltd (AU:LGL) has released an update.

Lynch Group Holdings Limited reports modest revenue growth in their full year results, with a 1% increase to $397.7m despite challenging conditions in China offsetting strong domestic performance in Australia. The company saw a significant decline in EBITDA and NPATA, with Australia showing resilience in the floral market and a strong supermarket channel presence. A final dividend of 8 cents for FY24 was declared, contributing to a total annual dividend of 12 cents.

For further insights into AU:LGL stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!