Ridley Corporation Limited (AU:RIC) has released an update.
Ridley Corporation Limited reported a slight revenue increase of 0.2% to $1,262.9 million for the FY ended June 30, 2024, with EBITDA up 4.9% before significant items. Net profit after tax saw a minor increase before significant items but fell by 4.7% after, resulting in a net of $39.9 million. The company has declared a higher final dividend of 4.65 cents per share compared to the previous year and has seen stable balance sheet strength despite increased net debt from acquiring Oceania Meat Processors.
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