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An update from Ridley Corporation Limited ( (AU:RIC) ) is now available.
Ridley Corporation Limited has reported a strong performance for the first half of FY25, with a 9.3% growth in EBITDA and a 3.5% rise in NPAT. The company exceeded expectations with contributions from recent acquisitions, maintaining a low leverage ratio despite funding these acquisitions. Shareholders are set to benefit from a total shareholder return of 29% and an interim dividend of 4.75 cents per share, fully franked. The company’s disciplined capital management is evident in its healthy operating cash flow conversion and strategic capital deployment.
More about Ridley Corporation Limited
Ridley Corporation Limited is a leading company in the animal nutrition industry, focusing on providing high-quality nutrition solutions for animals. The company is known for its innovative approach to animal feed and nutrition services, catering to a diverse range of clients within the agricultural sector.
YTD Price Performance: 33.58%
Average Trading Volume: 4,500
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $565.5M
For a thorough assessment of RIC stock, go to TipRanks’ Stock Analysis page.
