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SG Fleet Reports Strong Growth and Dividend Hike

SG Fleet Group Ltd. (AU:SGF) has released an update.

SG Fleet Group Ltd. has delivered a robust financial performance with Net Profit After Tax (NPAT) climbing 6.7% to $89.7 million and a significant 19.2% increase in underlying NPAT for FY24. The fleet management company also announced a substantial total dividend of 33.93 cents per share, marking a 109.6% hike from the previous year, buoyed by record orders and strong growth across all markets. SG Fleet’s diverse product uptake by clients boosted its competitive edge, contributing to the company’s financial success despite varying economic conditions across different regions.

For further insights into AU:SGF stock, check out TipRanks’ Stock Analysis page.

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