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Seven Group Holdings Reports Strong FY24 Performance
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Seven Group Holdings Reports Strong FY24 Performance

Seven Group Holdings Limited (AU:SVW) has released an update.

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Seven Group Holdings Limited (SGH), a diversified Australian operator with businesses across industrial services, energy, and media, reported a revenue increase of 10% to $10.6 billion for the fiscal year 2024. SGH, boasting a market capitalization over $15 billion, attributes its success to a strategic focus on mining, infrastructure, construction, and transitional energy sectors, alongside a strong commitment to customer service and continuous improvement. The company’s robust performance has been marked by stable cash flows and significant shareholder returns, with an 18% EBIT compound growth rate for over ten years.

For further insights into AU:SVW stock, check out TipRanks’ Stock Analysis page.

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