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Redox Limited Reports Revenue and Profit Growth, Declares Interim Dividend

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Redox Limited Reports Revenue and Profit Growth, Declares Interim Dividend

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Redox Limited ( (AU:RDX) ) has issued an update.

Redox Limited reported an 8.6% increase in revenues for the half-year ending December 31, 2024, reaching $631.8 million. The company also achieved a 1.6% rise in profit after tax, amounting to $40.2 million. An interim dividend of 6 cents per share has been declared, with a payment scheduled for March 25, 2025. Additionally, Redox Limited completed the acquisition of Oleum Holdings Pty Ltd, potentially enhancing its market position.

More about Redox Limited

Redox Limited operates in the chemical distribution industry, providing a range of chemical products for various market sectors.

YTD Price Performance: -5.92%

Average Trading Volume: 338,098

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$2.25B

Learn more about RDX stock on TipRanks’ Stock Analysis page.

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