Latest Evt (ASX:EVT) News

EVT Group reported a 6.3% rise in normalised EBITDA to $160.8 million for FY25, led by record Hotels performance and resilient Entertainment results despite film supply challenges. The company declared a fully franked final dividend of 22 cents per share.

EVT Limited reported solid full-year FY25 results with revenue and profit growth, driven by record hotel performance and a recovering entertainment division. The group signals confidence with a strong dividend and optimistic FY26 outlook.

EVT Limited has announced a fully franked ordinary dividend of AUD 0.22 per share for the financial year ending June 30, 2025, payable in late September. This move underscores the company’s steady commitment to shareholder returns amid a dynamic entertainment sector.

EVT Limited reported a solid financial year with normalised revenue rising 1.3% to A$1.237 billion and EBITDA up 6.3%, while net profit after tax surged 593%, driven by operational resilience and strategic growth initiatives including a major hotel management acquisition.

EVT Limited has launched EVT Connect Hospitality, a new hotel management brand, and announced the $74 million acquisition of Pro-invest Hotels, adding over 3,200 rooms under management across Australia and New Zealand.

EVT Limited has officially kicked off the sale process for its prime Sydney CBD property at 525 George Street, offering a rare mixed-use development opportunity with significant growth potential.