tiprankstipranks
Trending News
More News >

Australian Clinical Labs Reports Strong 1H FY25 Financial Results

Story Highlights

Protect Your Portfolio Against Market Uncertainty

Australian Clinical Labs Ltd ( (AU:ACL) ) has shared an update.

Australian Clinical Labs Limited announced its financial results for the first half of the fiscal year 2025, reporting a 9.5% revenue growth and a 9.7% increase in MBS revenue, resulting in an underlying EBIT of $27.3 million. The company reaffirmed its FY25 guidance of $65 million to $73 million and declared a 3.5 cents per share fully franked interim dividend. ACL’s statutory EBIT rose to $26.9 million, up $11.0 million from the previous year, with a statutory NPAT of $11.8 million, reflecting a $6.8 million increase. The company continues its on-market buy-back program, indicating a strong financial performance and commitment to returning value to shareholders.

More about Australian Clinical Labs Ltd

Australian Clinical Labs (ACL) is a leading private provider of pathology services in Australia. The company operates NATA accredited laboratories that conduct a wide range of pathology tests for clients such as doctors, specialists, patients, hospitals, and corporate entities. ACL is one of the largest private hospital pathology businesses in the nation, focusing on combining skilled personnel and scientific leadership with innovative technologies to enhance decision-making and improve patient outcomes.

YTD Price Performance: 7.56%

Average Trading Volume: 477,848

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$742.1M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App