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Tabcorp Announces 10% Revenue Growth and Interim Dividend for H1 2024

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Tabcorp Announces 10% Revenue Growth and Interim Dividend for H1 2024

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Tabcorp Holdings Limited ( (AU:TAH) ) just unveiled an update.

Tabcorp Holdings Limited announced its half-year financial results for the period ending December 31, 2024, reporting a 10% increase in revenue from continuing operations, reaching $1,331.3 million. However, the net profit after tax for the period stood at $25.3 million, which was not meaningfully comparable to previous figures. The company declared an interim dividend of 1.0 cent per share, maintainable through its Dividend Reinvestment Plan without any discounts or transaction costs. This financial update reflects Tabcorp’s efforts to enhance its market position and shareholder returns amidst evolving industry dynamics.

More about Tabcorp Holdings Limited

Tabcorp Holdings Limited is a prominent Australian company operating in the gambling and entertainment industry. It primarily offers wagering, gaming, and media services, focusing on delivering a diversified entertainment experience to its market.

YTD Price Performance: 10.0%

Average Trading Volume: 192

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $935.7M

Learn more about TAH stock on TipRanks’ Stock Analysis page.

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