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Why Did Lycopodium Double Its Dividend Despite a 27.7% Profit Drop?

9:28am on Wednesday 18th of February, 2026 AEDT Engineering and Construction
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Why Did Lycopodium Double Its Dividend Despite a 27.7% Profit Drop?

9:28am on Wednesday 18th of February, 2026 AEDT
Key Points
  • Revenue increased by approximately 4.2-4.6%
  • Net profit after tax declined by 27.7%
  • Interim dividend more than doubled to 22 cents per share
  • Acquisition of four SAXUM entities across Australia, Argentina, Brazil, and the USA
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