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Oldfields Holdings Accelerates Turnaround with Strong Q2 FY2025 Sales Momentum
3:36pm on Friday 31st of January, 2025 AEDT
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Construction
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Oldfields Holdings Accelerates Turnaround with Strong Q2 FY2025 Sales Momentum
3:36pm on Friday 31st of January, 2025 AEDT
Key Points
Successful exit from East Coast hire and service model
Positive NPAT and EBITDA achieved in H1 FY2025
Net cash outflow of $2.3 million in Q2, excluding ATO debt repayment
Sales pipeline valued at $15.9 million with strong domestic and international demand
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