Kelly Partners Group Holdings Limited (ASX:KPG) Releases Half-Year Results
Financial Performance
Kelly Partners Group Holdings Limited reported revenues of $64.9 million for the half-year ended December 31, 2024, marking a 22.8% increase from the previous year. Profit attributable to the owners rose by 27.6% to $2.499 million. The underlying net profit after tax before amortisation grew by 12.0% to $4.925 million. No dividends were paid, recommended, or declared during the current financial period.
Acquisitions
The Group completed four acquisitions in the half-year, contributing between $14.4 million and $17.1 million in annual revenues. These acquisitions included businesses in San Angelo, Texas; St Petersburg, Florida; Swansea, UK; and Sydney, NSW.
Share Buyback
Kelly Partners Group continued its share buy-back program, repurchasing 100,000 shares at an average price of $7.79 each during the half-year.
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