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Ventia Services Group Achieves Strong Financial Growth in 2024

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Ventia Services Group Achieves Strong Financial Growth in 2024

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Ventia Services Group Limited ( (AU:VNT) ) has issued an announcement.

Ventia Services Group Limited has reported its financial results for the year ending 31 December 2024, showcasing a notable increase in total revenue, which rose by 7.6% to $6,105.5 million. The company’s profit after tax attributable to the parent entity also saw a rise of 16.0% to $220.2 million. Additionally, Ventia announced an 80% increase in both final and interim dividends compared to the previous year, reflecting a strong performance. This positive financial outcome underscores Ventia’s solid positioning within the infrastructure services industry, highlighting its strategic focus on client-oriented, innovative, and sustainable services, which continues to benefit its stakeholders.

More about Ventia Services Group Limited

Ventia Services Group Limited is a leading provider of essential infrastructure services in Australia and New Zealand. The company operates across various industry segments, including defence, social infrastructure, water, electricity and gas, resources, telecommunications, and transport, with a workforce of over 35,000 people spread across more than 400 sites.

YTD Price Performance: 6.94%

Average Trading Volume: 2,626,214

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$3.29B

See more data about VNT stock on TipRanks’ Stock Analysis page.

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