Workflow
Seven Group Holdings(SVW.AU)UBS SnapShot: FY24 EBIT growth of +20% beats guidance
UBS·2024-08-14 03:03

Global Research and Evidence Lab 14 August 2024 First Read Seven Group Holdings UBS SnapShot: FY24 EBIT growth of +20% beats guidance ONE LINER Solid result. Operating momentum at WesTrac, Coates and Boral to drive HSD EBIT growth in FY25. KEY NUMBERS (A)FY24revenue:Up+10) FY24 revenue: Up +10% to 10.6bn (-1% vs. UBSe/VA cons). Group EBIT: Up +20% to 1.4bn(21.4bn (-2% vs. UBSe and -1% vs. VA cons) underpinned by Industrial Services EBIT growth of +28%. UNPAT: Up +30% to 850mn (+5% vs. UBSe and +4% vs. VA cons). Final DPS: Pre a ...