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Codan Surges 27% Profit on Communications and Metal Detection Growth

9:17pm on Friday 29th of August, 2025 AEST Technology
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Codan Surges 27% Profit on Communications and Metal Detection Growth

9:17pm on Friday 29th of August, 2025 AEST
Key Points
  • Group revenue up 22% to $674.2 million
  • Net profit after tax increased 27% to $103.5 million
  • Communications segment revenue grew 26%, boosted by Kägwerks acquisition
  • Metal Detection segment revenue rose 16% with improved margins
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