Seven Group Holdings（SVW.AU）Industrial Services momentum to support HSD EBIT growth in FY25. Buy
UBS·2024-08-15 03:57
ab 15 August 2024 Global Research and Evidence Lab Seven Group Holdings Industrial Services momentum to support HSD EBIT growth in FY25. Buy FY24 EBIT growth delivered above guidance Seven Group delivered a solid FY24 result, with EBIT growth of +20% ahead of guidance for "mid to high teen" percent growth. The Industrial Services segment delivered +28% EBIT growth, with strong operating performances across WesTrac, Coates, and Boral. WesTrac delivered double digit revenue growth in both machine sales and se ...