Daily Roundup

Friday, 21st February 2025
Last updated: 21:00

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Laserbond Ltd Announces Dividend Payment

Laserbond Ltd has some good news for its shareholders - the company has announced a dividend payment of AUD 0.00400000 per share. The ex-date for the dividend is 6/3/2025, the record date is 7/3/2025, and the payment date is 28/3/2025.

Interestingly, Laserbond also has a Dividend Reinvestment Plan (DRP) available, with a 5% discount. This gives shareholders the option to reinvest their dividends and acquire additional shares in the company.

LaserBond Reports Stable 1H25 Revenue, Outlines Growth Initiatives

Moving on, LaserBond has reported a stable revenue performance in 1H25, with the Services Division delivering impressive 16.8% growth. However, the Products Division experienced some volatility from one of its major OEM customers.

To support future growth, LaserBond made significant investments in expanding its leadership team, driving industry and customer engagement, increasing capabilities, and improving capacity utilization. These initiatives are expected to start paying off in the second half of the year.

The company's US expansion plans are also progressing well, with research confirming the advantages of establishing a local facility to better serve high-demand markets and global customers.

Looking ahead, LaserBond is forecasting 2H25 revenue growth of 9.4% to 23.6% and profit before tax growth of 80% to 134% compared to 1H25. The company remains highly confident in its future prospects.

Accent Group Ltd Reports Half Yearly Results

Turning to Accent Group Ltd, the company has reported a solid set of results for the first half of FY25. Total statutory revenue increased by 4.6% to $776.0 million, while net profit after tax rose by 11.7% to $47.2 million.

The company will also be paying an interim dividend of 5.50 cents per share, which is sure to please shareholders. Accent Group's best performing banners during the period included TAF, Hype DC, HOKA, Stylerunner, and Nude Lucy.

Accent Group Reports H1 FY25 Results

Expanding on Accent Group's performance, the company reported a 4.2% increase in total sales to $844.6 million. EBIT grew by 11.5% to $80.7 million, and NPAT came in at $47.2 million, or 8.35 cents per share.

The company continued its growth strategy, opening 42 new stores and securing the distribution rights for Dickies and Lacoste. Accent Group expects to open at least 10 more new stores in the second half of FY25 and continue pursuing a range of growth opportunities.

Alcidion Secures 10-Year Contract with NCIC

Shifting gears, Alcidion Group Limited has announced a significant contract win. The company has secured a 10-year agreement with North Cumbria Integrated Care NHS Foundation Trust (NCIC) in the UK for its Miya Precision EPR platform.

The total contract value is approximately $37.5 million (£19.0 million), with Alcidion expected to recognize between $8.0 million and $9.0 million of this in FY25 as the deployment begins.

Boom Logistics Ltd Reports 1H FY25 Results

Lastly, Boom Logistics Ltd has reported a strong 1H FY25 performance. Revenue increased by 1.6% to $131.7 million, and profit after tax surged 396% to $19.0 million. EBITDA also improved by 5% to $25.5 million, and the company ended the period with a net cash position of $8.5 million.

Boom Logistics attributed the improved results to strong project activity, particularly in the wind farm and transmission line sectors, as well as enhanced margins, tight cost controls, and operational optimization. The company has also upgraded its FY25 guidance, with higher EBITDA and operational NPAT expected.