DGL Group Limited (ASX:DGL) (NZX:DGC) has reported strong financial results for the first half of the 2022 financial year, exceeding expectations.
The Group achieved record revenue of $143m, normalised EBITDA of $23m and statutory NPAT of $8.5m (includes $2.3m of acquisition costs).
The results demonstrate DGL's ability to successfully execute their strategy of investing for growth, with 7 acquisitions successfully integrated to expand and diversify DGL’s scale, geographies, expertise and offerings.
DGL reconfirmed their upgraded earnings guidance for FY22 with forecast revenue of ~$343 million and forecast EBITDA of ~$54 million (before acquisition costs), which is significantly better than Prospectus forecasts.
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