Mitchell Services Limited (AU:MSV) has released an update.
Mitchell Services Limited reported a robust financial performance for the third quarter of 2024, with a 3.6% increase in revenue to $59.2 million, a 13% increase in EBITDA to $10.5 million, and a substantial improvement in operating cash flow to $9.4 million. Additionally, the company significantly reduced its net debt by 13%, demonstrating efficient capital management and an impressive annualized return on invested capital of 16.2%.
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