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Codan Surges 27% Profit on Strong Defence and Metal Detection Growth

9:19pm on Friday 29th of August, 2025 AEST Technology
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Codan Surges 27% Profit on Strong Defence and Metal Detection Growth

9:19pm on Friday 29th of August, 2025 AEST
Key Points
  • FY25 revenue rises 22% to $674.2 million
  • Net profit after tax up 27% to $103.5 million
  • Communications segment revenue grows 26%, boosted by defence and Kägwerks acquisition
  • Minelab segment revenue increases 16%, led by strong African demand
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