Service Stream Limited Announces Strong FY24 Results

Service Stream Limited (AU:SSM) has released an update.

Service Stream Limited reports a robust financial performance for FY24, with a notable 11.2% increase in revenue to $2,392 million and a 36.4% rise in NPATA to $50.1 million, backed by strong demand in telecommunication and utility infrastructure services. The company also achieved a net cash position of $7.9 million and confidently raised its full-year dividends by 200% to 4.5 cents per share. This performance underpins a solid foundation for anticipated growth in FY25.

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