Ridley Corporation Limited (AU:RIC) has released an update.
Ridley Corporation Limited has reported modest earnings growth with a 1.2% increase in EBITDA and a 1.1% rise in underlying NPAT year-over-year, signaling steady financial performance. The company has successfully integrated OMP with a $3.2 million contribution exceeding expectations and demonstrated strong capital management with a high cash conversion rate. Additionally, shareholders have seen an 11% total return and can look forward to progressive dividends and a $20 million share buyback program.
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