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Simonds Group Ltd. ( (AU:SIO) ) has provided an announcement.
Simonds Group Limited celebrated its 75th anniversary, marking a year of significant achievements and strategic growth. The company reported a remarkable financial turnaround with an EBITDA of $23.4 million, driven by strategic initiatives and the acquisition of Dennis Family Homes, which expanded its product portfolio and market presence. Despite some one-off costs, the company showed steady financial performance with a 90% increase in normalised NPAT, highlighting its strong position in the industry.
More about Simonds Group Ltd.
Simonds Group Limited operates in the home construction industry, primarily focusing on residential building services. The company is known for its commitment to quality and innovation, with a significant market presence marked by its extensive display centre footprint across the country.
Average Trading Volume: 105,765
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$52.19M
See more data about SIO stock on TipRanks’ Stock Analysis page.