G.U.D. Holdings Limited (AU:GUD) has released an update.
G.U.D. Holdings Limited has announced that their FY24 underlying EBITA is projected to meet expectations, reaching at least $193.5 million, with its automotive sector performing well. Despite some challenges such as a slower recovery in the New Zealand market and decreased Toyota volumes, APG, a subsidiary of G.U.D., is expected to see growth in the next fiscal year. The company’s financial indicators, including corporate costs and leverage ratios, are reportedly on track, with full year results to be detailed in an investor briefing and the official results published in August.
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