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The latest announcement is out from Volt Power Group Ltd ( (AU:VPR) ).
Volt Power Group Ltd announced a significant growth in revenue and cash flow for FY24, with a 20% increase in revenue and a 28% rise in net cash from operating activities. The company’s EcoQuip business achieved a 67% growth in revenue, driven by the expansion of its mobile solar light tower fleet and new contracts, including a trial with Chevron USA and a deployment contract with Thiess. Additionally, Wescone secured a new distribution partnership in Africa. These developments highlight Volt’s strategic focus on expanding its market presence and enhancing its product offerings, which could strengthen its position in the energy and resources sector.
More about Volt Power Group Ltd
Volt Power Group Ltd operates in the energy and resources sector, offering innovative solutions such as the EcoQuip Mobile Solar Light and Communications Towers (MSLT/MSCT) that reduce operational costs and environmental impact. The company also owns Wescone, which provides sample crushers for the global iron ore and assay laboratory industries.
Current Market Cap: A$21.43M
See more data about VPR stock on TipRanks’ Stock Analysis page.
