JLG 3.24% $3.58 johns lyng group limited

Ann: FY2022 Results Presentation, page-4

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  1. 10,766 Posts.
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    This is 'The Australian's' quick summary, which doesn't contain any analysis/opinion:

    Strong performances in its catastrophe response and insurance building and restoration divisions helps Johns Lyng Group deliver a 57.5 per cent revenue increase to $895m in the 2022 financial year.

    The building group's EBITDA increased 58.9 per cent to $83.6m on the previous period.

    Johns Lyng's insurance building and restoration services division delivered $586.5m in revenue, a 63.8 per cent jump on the previous period.

    Catastrophe-related activity also delivered revenue of $164.8m, a 90.4 per cent increase on FY21.

    Group chief executive Scott Didier says the record financial performance comes amid a background of ongoing global pandemic conditions.

    The company played a major part in Victoria's recovery from the June 2021 storms and severe flooding in Queensland and New South Wales in February.

    Johns Lyng predicts FY23 sales revenue will reach $1.03bn, with the company "well placed for another strong year".

    A final dividend of 3c per share has been declared, payable on September 19.




 
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