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Codan Surges 27% Profit on Communications and Metal Detection Growth

Codan Limited reported a robust FY25 with revenue climbing 22% to $674.2 million and net profit rising 27%, driven by strong performances in its Communications and Metal Detection segments.
Sophie Babbage
21 Aug 2025

Codan Surges with 27% Profit Growth, Boosts Dividend and Cuts Debt

Codan Limited has delivered a robust FY25 performance, with revenue up 22% and net profit rising 27%, underpinned by strong growth in its Communications and Metal Detection segments. The company also announced a 27% increase in dividends and a significant reduction in net debt.
Sophie Babbage
21 Aug 2025