Ama Group Limited (AU:AMA) has released an update.
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AMA Group Limited reports a promising fiscal year, achieving a remarkable 125.1% increase in normalised EBITDA, following a successful $125 million equity raise to strengthen its balance sheet. The company is focusing on profitable growth and plans to divest ACM Parts to concentrate on collision repair, enhancing relationships with insurance customers. With a leaner board and extended debt facilities, AMA Group is poised for future growth.
For further insights into AU:AMA stock, check out TipRanks’ Stock Analysis page.
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