Boom Logistics is pleased to advise of an upgrade to the Company’s FY25 guidance resulting from improved performance in the first half of the financial year.
Revenue growth was driven by strong project activity particularly with wind farms and transmission lines, with EBITDA increasing from improved margins, tight cost controls and operational optimisation.
As a result Boom has upgraded the Company’s FY25 full year guidance with Operational NPAT at $9m (previously $8m) with Statutory NPAT at $23m (includes $14m in deferred tax benefits). A significant improvement from FY24.
This strong performance places the Company in a solid position to achieve its strategic goal of delivering double-digit returns on net assets for shareholders.
Access our 1H FY25 report by clicking the poster below or here.
