So, net profit before tax was flat during H2 24 vs H2 23, which is in line with their guidance that H2 24 EBT was not expected to exceed H2 23.
For the second consecutive half, Vysarn showns a stability of its earnings (half and half) after an exceptional growth during H2 23.
For me, the main element was that the company showed the strength of its diversification : despite a 30 % decrease of H2 EBT yoy for their main division (Pentium Hydro), their earnings were flat due to the strong growth of their 3 other divisions.
Also good to get a sense of their FY 25 guidance : "strong growth anticipated in FY 25".
Ann: Investor Update FY24, page-11
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