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Amotiv Navigates Profit Slump with Strategic Growth and Cost Controls
8:49am on Monday 2nd of June, 2025 AEST
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Manufacturing
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Amotiv Navigates Profit Slump with Strategic Growth and Cost Controls
8:49am on Monday 2nd of June, 2025 AEST
Key Points
Revenue up 2.3% to $503.7 million, aided by acquisitions
Net profit after tax down 35.8% due to $9.4 million impairment in NZ business
Underlying EBITA slightly declined by 1.0%, reflecting cost management efforts
Interim dividend maintained at 18.5 cents per share; ongoing share buyback underway
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