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Tabcorp Holdings Limited ( (AU:TAH) ) has issued an update.
Tabcorp Holdings Limited reported a robust financial performance for the fiscal year 2024/2025, with a 12% increase in group revenue to $2.61 billion and a significant rise in net profit after tax before significant items by 77% to $49.5 million. The company’s strategic initiatives, such as the Victorian Wagering and Betting Licence and operational cost savings, contributed to its improved financial health and competitive positioning. Tabcorp’s focus on enhancing its digital business and customer experience has led to increased turnover, and the company aims to maintain this momentum into FY26. The Board has announced a 54% increase in dividends, reflecting a disciplined approach to delivering sustainable returns to shareholders.
The most recent analyst rating on (AU:TAH) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Tabcorp Holdings Limited stock, see the AU:TAH Stock Forecast page.
More about Tabcorp Holdings Limited
Tabcorp Holdings Limited is a prominent player in the gambling and entertainment industry, primarily offering wagering, media, and gaming services. The company focuses on delivering a comprehensive omnichannel experience through its digital and retail platforms, including Sky, Tote, and MAX, catering to a broad market audience.
YTD Price Performance: 91.82%
Average Trading Volume: 7,716,438
Technical Sentiment Signal: Buy
Current Market Cap: A$2.42B
Find detailed analytics on TAH stock on TipRanks’ Stock Analysis page.